Hello, traders! Welcome to yet another update on USDT Dominance (USDT.D). The USDT.D has been consistently holding support in the 3.78% to 4% range. If it continues to rebound from this range, it could establish a strong support level, which might not be favorable for the market. The RSI is gaining momentum and is nearing the middle line, indicating more room for the dominance to rebound. For BTC to hit the $120k mark, USDT.D must break below this key support. On the other hand, if you’re concerned about a market dip, there’s a resistance level for USDT.D at 4.8%, which is likely to prevent the market from crashing further. I hope this analysis helps! I’ll share more updates soon, but for now, stay cautious.
2days prior's day end L/H on 5M. 2746.00 High --- 2740.00 Low (*Break above may fill towards ATH.) (*Break below may say 2700.00 should be made solid first.) https://www.tradingview.com/x/GVSBQtiC
BTCUSD Binance Futures Analysis January 23, 2025 Bitcoin continues to hold above $100,000, confirming buyer dominance. Market Conditions Current Range: Over the past 5 days, the price has been trading within the $100,000–$107,000 range, stabilizing near key levels. Support: Below $96,500, the trend is likely to be invalidated. Resistance: $107,000, above which a bullish breakout could continue. Main Scenario: Further Uptrend Bitcoin's price remains bullish as long as it trades above $96,500. Target Levels: First Target Zone: $119,730–$121,000 Second Target Zone: $138,560–$140,000
Still expecting to see retracement up to 6.23-7.40 minimal. PA likes to fill longer candles. Upon reversal look for the candle right before any longer candle as a target, here 7.40.
Monday close inside previous high, expecting price to test previous week Monday
Hello everyone! The price of oil has been trading within a descending parallel channel for several days, with the bulls holding the support level at 78.50. If the price breaks through the upper boundary of the channel, the bulls might attempt to push it towards the next resistance level at 84.00 for Brent. Considering the impact of news on oil prices, I believe it’s wise to lock in profits at potential reversal zones. Stop-loss should be placed at the local low. On the daily timeframe, we can see that further growth is possible as part of the fifth wave of the impulse.
This old and tired coin needs some Viagra to kickstart its movment from the zone before everyone realize even Viagra cant revive it, and they move their investments to Solana and Xrp
Once again, The price action could drop to $3060 and then return to its peak. It will take some time to recover from the damage that these sh*t meme coins have done to the crypto market. 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!!
BTC added 80% to its market cap in 4 years. This equates to $300m/week
COINBASE:AVAXUSD is trading within a significant support zone, marked by historical price rejections and strong buyer activity. This area has previously acted as a major support level, suggesting a high-probability reversal zone. If the price confirms a rejection within this zone, I anticipate an upward move toward the 38.00 level, which represents a logical target for this setup. However, if the price closes below the zone, it would invalidate the bullish setup and signal further downside momentum. If you agree with this analysis or have additional insights, feel free to share your thoughts!