TradeCityPro | Bitcoin Daily Analysis #14👋 Welcome to TradeCityPro!
In this analysis, as usual, I aim to review the critical futures triggers for the New York session.
📰 Yesterday, news of the Bybit exchange hack emerged, and I will examine its impact on the charts and what it may mean for Bitcoin's future.
⏳ 1-Hour Timeframe
As observed, before the Bybit hack news, Bitcoin was trending upward and had breached the 98482 area. However, when the news broke, Bitcoin took a sharp downward turn, moving straight down to the box floor at 95108.
🔍 Bybit was reportedly hacked for $1.5 billion. Official statements assure that the exchange can fully reimburse its users, suggesting no substantial long-term financial impacts. The Bitcoin movement appears to be a reactionary drop due to the severe nature of the news and is not likely to have a lasting effect.
✨ However, it has shown that the 95108 area is extremely reliable and significant, potentially becoming a key level in the future. As you can see, I have retained the triangle that the price had been reacting to in recent weeks. If there is no reaction today, I will remove this triangle from tomorrow's chart as it appears that the price is more consistently within the box between 95108 and 98482, and the expanding triangle no longer seems relevant.
🔼 Currently, I cannot provide a firm long trigger for futures, and I have removed the 97816 trigger used previously. Such triggers are ineffective after being activated once, and we must wait for the price to establish a new structure.
⚡️ A risky long position could be taken on the breakout of 96516, which has been activated. If you observe a suitable candle with strong momentum during a pullback to this area, you may consider entering.
📉 For a short position, the very reliable trigger remains at 95108. If this area breaks, I will personally attempt to open a short position, as the strong reaction to yesterday's news demonstrated this support's significance.
📅 BTC.D Analysis
The situation hasn't changed much, and Bitcoin dominance continues to range as it has in previous days.
✅ Still, if the 61.04 level breaks, it confirms a bearish dominance, and a breakout of 61.49 would confirm bullish dominance.
📅 Total2 Analysis
For Total2, the trigger activated yesterday was a fake-out, but it caused the trigger to shift. Currently, there is a very promising long trigger for Total2 at 1.26, which the price has reacted to very well, suggesting it is a reliable area. For short positions, entering upon breaking 1.19 could be considered.
🧩 These positions are risky, and the main triggers are for breaking out of the box that lies between 1.16 and 1.28.
📅 USDT.D Analysis
USDT dominance reached the bottom of the box yesterday at 4.40 and showed a very strong reaction. Along with the Bybit hack news, it moved sharply upward to 4.62.
💫 Currently, dominance has been rejected from this area and returned to the middle of the box, indicating that the 4.40 and 4.62 levels are important for confirming positions. If either of these levels breaks, we can secure a long-term confirmation for the bullish or bearish direction of Bitcoin dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
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TradeCityPro | STXUSDT Reached Weekly Support👋 Welcome to TradeCityPro Channel!
Let's go together to analyze and review one of the popular cryptocurrency coins and Bitcoin's second layer and update our triggers
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
On the weekly time frame, stx is one of the coins that started its upward trend before the start of 2024, which caused the formation of its ATH and new ceiling
You can also see one of the best weekly trends in this coin, which is that after each time we hit this support trend line, we rose and made a sharper move.
Also, when this trend line was broken, we made a pullback to it and as we had given the weekly exit trigger with a break of 1.299 in the previous analysis, after the break of the trigger of the trend line, we experienced a sharp decline and reached the support level of 0.796 and now we need to form a structure.
📈 Daily Timeframe
On the daily time frame, but after the rejection of the important weekly resistance 2.745 and getting rejected, we started to correct the price and fall until this price correction turned into a trend change in the daily time frame
After forming the lower ceilings and floors, we reached important support and the trigger for the spot exit, which after the daily failure and pullback to that daily candle, engulfed the previous 3 candles and caused further decline, which led to us reaching the important support of 0.859
Currently, after hitting the support of 0.859 twice, our fall volume has not increased much and it can be said that the sellers do not intend to take the price below 0.859 for the time being, and this will cause us to go into the range and form a new structure. However, I will open a short with a failure of 0.859, but there is no buying at the moment.
⏱ 4-Hour Timeframe
We suffered enough in the four-hour time frame and formed a structure and we are in a range box that we can take a position from both sides
📉 Short Position Trigger
For my short position I open a position with a break of 0.859 and accept the stop loss. Since it is an important support, I try to place my stop loss in a logical space and not make it small.
📈 Long Position Trigger
For the long position, we have two triggers, one risky and one somewhat certain. You can open a position with a break of 0.953 and 1.005, respectively. The difference is that with a break of 0.953, the possibility of a stop loss is higher, and with a break of 1.005, the possibility of losing the position is higher. I choose to take the stop loss myself.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
TradeCityPro | Bitcoin Daily Analysis #13👋 Welcome to TradeCityPro!
Today's analysis will focus on crucial futures triggers for the New York session as usual. The recent news of the Bybit exchange hack will also be discussed to see its potential future impact on Bitcoin.
⏳ 1-Hour Timeframe
As you can see, before the news of the Bybit hack, Bitcoin was moving upward and had broken through the 98482 region. However, upon the news release, Bitcoin began a sharp downward move, reaching the floor of the box at the 95108 area.
🔍 Bybit was hacked for an amount of $1.5 billion, but it has been officially announced that the exchange can fully reimburse its users, indicating no long-term financial instability from the hack. The movement in Bitcoin seems to be a reactionary dip due to the sudden bad news, and I believe it won't have a lasting impact.
⚡️ However, what has become apparent is that the 95108 area is a very reliable and important region, which could become one of the key areas in the future. As you can see, I have maintained the triangle that the price had been reacting to over the past few weeks. If there is no reaction today, I will remove this triangle from the chart tomorrow since it appears that the price is more contained within the box between 95108 and 98482, and the expanding triangle is no longer visible.
✅ At this time, I cannot give a definite long trigger for futures as the 97816 trigger used previously has been removed. Such triggers lose their effectiveness after being activated once, and we need to wait for the price to form a new structure.
📈 A risky long position could be entered upon the breakout of 96516, which has already been activated. If you see a suitable candle with good momentum during a pullback to this area, you may consider entering.
🔽 For a short position, the very clear trigger remains at 95108. If this area breaks, I personally will attempt to open a short position as the strong reaction to yesterday's news demonstrated that this support could be very significant.
📅 BTC.D Analysis
The situation hasn't changed much, and Bitcoin dominance has been ranging as in the past few days.
💥 Still, if the 61.04 level breaks, it confirms a bearish dominance, and a breakout of 61.49 would confirm bullish dominance.
📅 Total2 Analysis
For Total2, the trigger activated yesterday was a fake-out, but it caused the trigger to shift. Currently, there is a very promising long trigger for Total2 at 1.26, which the price has reacted to very well, suggesting it is a reliable area. For short positions, entering upon breaking 1.19 could be considered.
✨ These positions are risky, and the main triggers are for breaking out of the box that lies between 1.16 and 1.28.
📅 USDT.D Analysis
USDT dominance reached the bottom of the box yesterday at 4.40 and showed a very strong reaction. Along with the Bybit hack news, it moved sharply upward to 4.62.
🧩 Currently, dominance has been rejected from this area and returned to the middle of the box, indicating that the 4.40 and 4.62 levels are important for confirming positions. If either of these levels breaks, we can secure a long-term confirmation for the bullish or bearish direction of Bitcoin dominance.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
TradeCityPro | KAVA: A Dive into DeFi's Cosmos Ecosystem👋 Welcome to TradeCityPro!
In this analysis, I want to discuss the KAVA coin, a notable DeFi platform in the Cosmos ecosystem, which currently ranks 129th with a market cap of $472 million.
📅 Weekly Timeframe
We are witnessing a downward trend in the weekly timeframe, where the price has been moving along a descending trend line, with the most recent bottom recorded at the $0.2872 area.
🔍 Currently, a significant price ceiling has been set at $0.6981, and the price has recently been rejected from the descending trend line, likely moving towards the support floor again.
🔼 The support at $0.2872 is crucial, and if broken, the price could set a new historical bottom. For the trend to turn bullish, confirmation will come after breaking the trend line and surpassing the resistance at $1.1434.
📊 Volume divergence has been observed with the trend for some time now, but this divergence has yet to impact the trend, which continues to persist.
📅 Daily Timeframe
In the daily timeframe, we can observe the price movement in greater detail.
⚡️ As you can see, after reaching $0.7197, a corrective phase began, and currently, at the 0.618 Fibonacci level, a significant support has formed, overlapping with the $0.4118 area, creating a Potential Reversal Zone (PRZ).
✅ If the support at $0.4118 is breached, we might witness the next downward leg of the price, which could extend to the 0.786 Fibonacci level, and in case of increased downward momentum, the next target could be at $0.2925.
🛒 On the other hand, for a long-term long position, you could enter upon breaking the trigger at $0.5577, holding the position towards a target of $0.7179. The main trigger for spot buying is also $0.7179, but it is better to get the spot trigger confirmation from this coin’s Bitcoin pair.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ROAD TO 125K !!!Maybe your biggest risk is your biggest chance.
Do you believe that ?
see it
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Do you think I'm joking ???I might be wrong and this might never happen, but it might come true From a technical perspective!!!
REMMEMBER
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
LINK road map (4h)Now it can be said that the price is in a wedge, and if a breakout occurs, we will see the price rise above $20 .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
EUR/JPY Bearish Setup | Rejection from 200 EMA & Supply ZoneEUR/JPY Analysis (Daily Timeframe) 📉🔥
Key Observations:
Price at 159.804 (-0.07%), showing minor bearish sentiment.
200 EMA Resistance (162.206) 🚧
Price previously rejected from this level, reinforcing it as a strong resistance zone.
Bearish Retest of Supply Zone (162.000 - 162.500) 🛑
Price attempted to break above but failed, leading to rejection and a move downward.
Breakout from Ascending Channel 📉
Price previously followed an upward trend but broke below, signaling a shift to bearish momentum.
Target at 155.732 (Next Support) 🎯
A blue arrow suggests an expected drop toward this key support.
Bias: Bearish 📉
Confirmation: If price fails to reclaim 160.500, further downside is likely.
Bearish Entry: Below 159.500 with a target at 155.732.
Invalidation: A daily close above 162.200 would shift bias to bullish.
🚨 Watch for rejection candles or strong bearish momentum for a sell setup! 🚨
TradeCityPro | Bitcoin Daily Analysis #12👋 Welcome to TradeCityPro!
In today's analysis, as usual, I want to review important futures triggers for the New York session. Today's analysis reaches you a bit earlier than usual because the price is at a very critical area, and I want you to have this analysis in case this area breaks.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, after the fake break of 95108, a very strong bullish momentum entered the market, and as you can see, the volume and the number of green candles are much higher than the red ones, indicating the strength of the buyers.
🔍 The first trigger we had in this bullish wave was at 96446, which was activated two days ago and has given us very good profits so far. I mentioned yesterday's trigger to you as well; in case of breaking the expanding triangle and activating the trigger at 97816, you could open a risky long position, and the main trigger is 98482. Yesterday's trigger has also been activated and is still in profit, and today we have a very good trigger for long, which can help us open a position.
📈 Today's trigger for long is 98482, which can be a very suitable trigger, and if this area breaks, the first target is 99946 and the second target is 101819. I'm not removing the expanding triangle from the chart yet because if the price does a fake breakout of 98482, we can revert to the triangle structure. Therefore, I will keep the triangle on the chart until 98482 is broken.
📅 BTC.D Analysis
Let's go to the Bitcoin dominance. As you can see, the situation with dominance hasn't changed much compared to yesterday and is still fluctuating between the areas of 61.49 and 61.04.
📊 Breaking any of these areas could define the next leg of the price, and if 61.04 breaks, the price chart could move down to 60.48. On the other hand, if the area 61.49 is broken, the price could move up to 62 percent.
📅 Total2 Analysis
Moving on to the analysis of Total2. Total2 has not yet activated its appropriate long trigger while Bitcoin dominance has been ranging, but Total2 still hasn't activated its long trigger in the area of 1.24, and the position you open on altcoins can be confirmed if 1.24 breaks.
🔽 For short positions, you can enter a short position if 1.22 breaks and confirm it for altcoins. Keep an eye on Bitcoin dominance to decide which one between Bitcoin and altcoins is better for opening positions.
📅 USDT.D Analysis
Finally, the Tether dominance has reached a very important support area. This area was at 4.46 yesterday, but due to the reaction dominance had to this area and it slightly moved, it has now shifted this area to 4.45, and if this area breaks, you can enter a position where your first target will be 4.40.
🔑 On the other hand, if the dominance starts to move upwards, you can confirm a short position with a break of 4.52, which in this case, the price can move up to 4.62.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.