TradeCityPro | MNT: Deep Dive into Mantle's Market Dynamics👋 Welcome to TradeCityPro!
In this analysis, I want to examine the coin MNT for you, which was requested in the comments. So, if you want a particular coin analyzed, feel free to mention it in the comments, and I will review and analyze it for you.
👀 Mantle project is one of the Ethereum Layer-2 projects, and its official coin is MNT. Like other Ethereum Layer-2s, its aim is to provide greater scalability, faster transactions, and lower fees. Let's proceed to technically analyze this coin.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, there aren't many candles in the chart since the project is set for 2024, and it hasn’t been long since the coin was listed. As you can observe, the price is in a large range box from $0.5443 to $1.4049, hitting the bottom and top of this box several times in this timeframe.
📊 The market volume is ranging, and it seems that there hasn't been much difference in the inflows and outflows of money in this range box. The most critical trigger for buying spot right now is the breakout of $1.4049, which is the ATH resistance of this coin. If this resistance is broken, the price could move towards higher targets. If this resistance is breached, I will update the analysis for you and review the upcoming resistances and potential targets together.
✨ Besides these two important areas, there is also the $0.8946 area, which seems very important, and as you can see, the price has had many contacts with this area in the shadow in this timeframe. The main support, as mentioned, is at $0.5443, and if this area is broken, we could say that the trend of this coin will be bearish.
📉 The last support, which is also the main price floor and ATL, is $0.3197, which could be the first bearish target if this coin becomes bearish. Given the small number of weekly candles, I don't see any other specific data in this chart, so it's better to move on to the daily timeframe to see the market with more detail.
📅 Daily Timeframe
As you can see in the daily timeframe, we can examine the price movements with much more detail, and as you see, there was a box between the area of $0.5453 to $0.6533, where the ascending trend of this coin started after breaking the top of this area and continued up to the area of $1.3961.
🔍 After the price reached this area and completed its ascending leg, a new box was formed, with the bottom of this box at $0.9490 and the top, as mentioned, at $1.3961.
🔽 The price has tested the floor and ceiling of this box several times and is currently near the box's floor. Therefore, if the floor of the box breaks, we can expect further corrections, which might reach the 0.618 and 0.786 Fibonacci areas, where the 0.618 area corresponds to $0.7736, and the 0.786 area roughly overlaps with the $0.6533 support.
⚡️ In RSI, as you see, we have a very good area where the floor is 41.97, and the ceiling is 55.86. Breaking either of these areas could indicate the entry of momentum in that direction in the market.
💥 The market volume is decreasing after reaching the box's ceiling, indicating that a market movement is approaching. Therefore, you can enter a position if the ceiling or floor of the box breaks. I suggest you keep an eye on it to do so. An earlier trigger for a long would be 1.2341.
⏳ 4-Hour Timeframe
In this timeframe, I want to specify only the futures triggers for you because we have already performed the analysis in higher timeframes, and there is no need to repeat the same discussions.
🔑 For a short position, you can enter if 1.0062 breaks. I don't see a good area in RSI for a break and the entry of bearish momentum. However, the main short position, which would be if 0.9490 breaks, could overlap with a break of 30 in RSI.
📈For a long position, you can enter if 1.0685 breaks, but this position is very risky, and the main long positions would be if 1.2341 and 1.3961 break. A break of 55.86 in RSI could be a suitable confirmation for a risky long position and might overlap with the area of 1.0685.
💫 Market volume has decreased significantly in recent days. As I mentioned in the Bitcoin analyses, so be aware that, as I said, when the volume decreases and reaches its possible minimum, the market movement will be much easier, sharper, and faster.
📝 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! ❤️
Cryptomarket
LiteCoin LTC for the Run? Looking for a x3 on this oneHi Guys, hope you are doing great!
This would be an amazing week, let´s go for it.
As you can see here on the (2W) chart, LTC has been in accumulation for 1.000 days.
The last 2 times it happened, it finished on a break out, but the first one was amazing compared to the one on 2020.
I have some reasons to believe this one could be more like the first break out than the second, this is similar to what happend with $XRP.
Also on the 1D chart, you can see a Wyckoff structure that wants to break, if it´s a breakout to the long side, I will buy the 75% I left to buy more.
Have a good week and let´s continue watching it.
BTC to $90K-$92K Range?I have to concur with those calling for BTC, fundamentals notwithstanding, to retest the order block formed by the wick down on 1/13.
The 100d SMA, price action has closed beneath that.
Anchor a VWAP to the 12/17 HH, price action has closed beneath that. (The order block in question is 2 standard deviations south.)
Anchor a volume profile to the 12/17 HH, price action has closed beneath the POC, though it has broken back above repeatedly.
Momentum has stalled, though BTC remains oversold--and both volume and money flow are weak.
Is this worth a short??? We are talking about a 5% drop?
I myself am inclined to eschew shorts in an oversold environment. And BTC has been fickle as #eff so far in 2025.
The best play for those who want to trade the move is to wait for confirmation of a bottom in the lower 90's and long what might well result in a short squeeze.
Thought?
BNB ANALYSIS ( UPDATE ) 📊 #BNB Analysis : Update
✅As we said earlier, #BNB performed same. Now we can see that #BNB is trading around a major support area and following a trendline. We could expect around 10% bullish move if it sustain its major support area
👀Current Price: $673
🚀 Target Price: $745
⚡️What to do ?
👀Keep an eye on #BNB price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#BNB #Cryptocurrency #TechnicalAnalysis #DYOR
#GALAUSDT is breaking resistance – expecting a moveBYBIT:GALAUSDT.P is trading near the key $0.02490 level, forming a consolidation zone before a potential breakout. Volume is increasing, and price is holding above POC $0.02255, confirming strong buyer activity. A breakout above $0.02495 could trigger an accelerated move toward $0.02520 – $0.02565.
📈 LONG BYBIT:GALAUSDT.P from $0.02495
🛡 Stop Loss: $0.02460
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:GALAUSDT.P is approaching $0.02495, a key resistance level.
➡️ Price remains above POC $0.02255, confirming strong buyer interest.
➡️ Increasing volume supports the potential bullish move.
⚡ Plan:
🔵 Holding above $0.02495 increases the chance of an uptrend.
🔵 Main support at $0.02460 – losing this level invalidates the setup.
🔵 Target zones – $0.02520, $0.02540, and $0.02565, where profit-taking is expected.
🎯 Take Profit:
💎TP1: $0.02520 – first profit-taking zone.
💎 TP2: $0.02540 – strong resistance level.
💎 TP3: $0.02565 – final upside target.
📢 Recommendations:
✅ Bullish confirmation requires a strong close above $0.02495.
✅ If price slows down at $0.02520, partial profit-taking is recommended.
✅ A drop below $0.02460 invalidates the setup.
🚀 BYBIT:GALAUSDT.P is breaking resistance – expecting a move to $0.02565!
📢 Holding above $0.02495 opens the door for further gains. Watch volume closely – if it weakens, price may consolidate.
📢 Entry above $0.02495, targets at $0.02520 – $0.02565.
📢 Partial profit-taking recommended at $0.02540.
📢 If price drops below $0.02460, the setup is invalidated.
📌 Strategy: Resistance Breakout + Profit Targeting at Key Levels.
TradeCityPro | Bitcoin Daily Analysis #7👋 Welcome to TradeCityPro!
Today, we are going to review Bitcoin's futures triggers for the New York session. The market hasn't moved much since yesterday, but we have a risky trigger that might serve as a good opening for today's positions.
⏳ 1-Hour Timeframe
As mentioned, we're observing a long-term range box that started in early February, and currently, Bitcoin is oscillating within an expanding triangle. Yesterday, the price reacted strongly to this triangle, validating it as a critical zone for setting positions.
🔍 Because of this, I've added a risky long trigger at 97,816, which could precede the 98,482 trigger. This is risky because if the price is rejected at 98,482 after breaking 97,816, your stop-loss is likely to be hit. Enter this position with the understanding that you are anticipating the 98,482 break. If this resistance isn't broken, your position might not yield profits.
🔽 For shorts, the 97,110 trigger mentioned yesterday hasn't activated yet. This trigger is still valid for shorts but remember, like the long position at 97,816, it's risky and targets the range box bottom, so manage your risks carefully. The main triggers remain at 98,482 for longs and 95,108 for shorts.
📊 Market volume has decreased significantly, suggesting a sharp price movement is impending. Stay alert and ready to act on the triggers as the market will likely make a decisive move soon.
👑 BTC.D Analysis
As forecasted, if Bitcoin dominance managed to stabilize above 60.71, we expected a further upward correction and deeper pullback, which has occurred. The price broke through this area, pulling back up to 60.95 and forming a significant ceiling.
🧩 If this area is breached, we can take an early sign of a rising Bitcoin dominance, but the main trigger remains at 61.10. The best trigger for a continued downtrend is still 60.48; breaking this could herald the next bearish leg in Bitcoin dominance.
📅 Total2 Analysis
As stated yesterday, breaking 1.24 would have been a cue for a risky short position, but the price has not consolidated below this level and has twice rebounded off this support.
✨ Thus, this level has become a more critical threshold for shorts. Should this area break, it could be a good time to enter a short position, particularly if Bitcoin dominance is also rising, suggesting a potential downturn for altcoins as well.
📈 The main long position remains with the breakout at 1.28, and there are no other significant long triggers in the chart. For risky shorts, levels 1.2 and 1.19 are suitable, with the primary short trigger still at 1.16.
📅 USDT.D Analysis
As mentioned yesterday, a breakout at 4.47 could lead to increased Tether dominance, but I've adjusted this trigger to 4.48 today due to unclear price action around the former level.
🔑 This remains a high-risk trigger, and the potential for it being displaced again is considerable. Be ready to adjust this line yourself if the price near this area shows significant reaction.
⚡️ Still, a definitive bullish signal for Tether dominance will only be confirmed above 4.62, while a decisive bearish turn would be confirmed by breaking below 4.40, which has become a significant support following substantial price reactions. If this level is breached, the target will be 4.24.
❌ 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.
Bitcoin Dominance Analysis Channel Rejection and Its Impact Bitcoin Dominance is currently trading within a well-defined downward channel, indicating a consistent decline over time. Recently, dominance attempted to break below the channel but failed, resulting in a re-entry back into the channel. This failed breakdown suggests that the bearish momentum is weakening, at least temporarily.
A declining Bitcoin dominance typically signals a potential bullish phase for altcoins, as market capital moves away from Bitcoin into alternative cryptocurrencies. However, in this scenario, the downward movement is relatively slow, confined within the channel, which explains the lack of a strong recovery in the altcoin market.
For a more significant altcoin rally, we need to see a clear breakdown of this channel, accompanied by a sharper decline in dominance. A rapid drop would likely trigger stronger buying activity in altcoins, providing better opportunities for traders.
It's crucial to monitor Bitcoin dominance closely, as its next move will provide key insights into potential market shifts. Stay alert and adjust your trading strategy accordingly.
If you find these market insights helpful and want to stay updated with more trade setups and detailed analysis and join my community,feel free to ping me.
Who let the DOGE out? A bounce could be imminent!CRYPTOCAP:DOGE
- Already bounced off previous resistance, now turned support? Second level is dotted orange line if this fails to hold.
- Wr% is at the Green Support Beam and already started to bounce. Look at the last few times it's bounced here! 👀
- RSI could flip here or retest previous diagonal breakout
Currently in limbo with Doge. 🐶
Not financial advice
TradeCityPro | Bitcoin Daily Analysis #6👋 Welcome to TradeCityPro!
Today, we're diving into Bitcoin's analysis, focusing on appropriate futures triggers for the New York session.
⏳ Hourly Time Frame
1-Hour Timeframe As mentioned in previous analyses, Bitcoin remains in a crucial range box. Yesterday, we saw a fake breakout of the expanding triangle's upper edge, but the trigger at 98,482 was not activated, and the price did not stabilize above this area but was rejected.
🔍 Currently, our long position triggers remain the same at 99,946 and 101,819. However, a new short trigger has been added. The first short trigger is at 97,110, which is considered very risky and should not hold high expectations.
🔽 If you initiate a short position upon breaking this area, your target could be 95,108. As previously discussed, the main short trigger remains at 95,108. If you open a position at this level, the target could be the bottom of the expanding triangle or the area around 92,702.
📊 The market volume continues to decrease, indicating that a sharper and more significant price movement is imminent.
👑 BTC.D Analysis
BTC.D Analysis Bitcoin dominance has broken the curve trendline, but currently, there is no significant upward momentum observed. If the price breaks and stabilizes above 60.71, we can take this as the first sign of a bullish trend. The main trigger remains at 61.10.
🧩 For a continued fall, an excellent trigger is at 60.48. If this trigger is broken, we can hope for dominance to reach 59.84.
📅 Total2 Analysis
Total2 Analysis As discussed yesterday, if the price pulls back to 1.24, we can open a long position. This scenario occurred, and many altcoins moved upward. However, as mentioned, the target for this position was relatively small because it was opened as a scalp position. The main long trigger remains at 1.28.
🔽 For those who are risk-takers, you can enter a short position if the price breaks 1.24. But be cautious, this trigger is very risky. Other risky triggers are at 1.2 and 1.19.
⚡️ The main short position remains at 1.16. Keep in mind, Bitcoin's dominance shows more signs of falling, so if you are considering opening a short position, Bitcoin might perform better than altcoins.
📅 USDT.D Analysis
USDT.D Analysis Let's look at the Tether dominance. We have an adjustment in the dominance support, which was previously at 4.44 but has been moved to 4.40 due to a strong price reaction yesterday. Currently, the main support for Tether dominance is at 4.40, and breaking this area could validate a long position.
💫 There is a very risky short trigger at 4.47, similar to the 1.24 trigger in Total2. If these two align, you might accept the risk and enter a short position with the minimum risk defined in your strategy. The target for this position is 4.62, while the target for a long position remains 4.24, which is also the main trigger for a trend change.
❌ 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.
Avax analysis: How far will the fall continue...hello friends
Considering the drop we have, now we have to find the best support and check the reaction to the support when the price reaches that level.
We have obtained an important support for you, which can be moved up to the specified targets according to the price reaching there and maintaining the support.
*Trade safely with us*
Dogecoin analysis: the important range...hello friends
Due to the good growth we had, now the price has been corrected and the range has been determined, which was a gap. Now it should be seen that it can maintain its support range.
In this case, we can move with it to the specified goals.
*Trade safely with us*
Time to buy Solanahello friends
Well, I must say that it is very difficult to predict the route, but we can buy step by step.
Here, the price has fallen, and now it is on an important support. If the support is broken, we can buy lower support with capital management and move forward with it.
*Trade safely with us*
TradeCityPro | ZIL: Awaits a Major Move👋 Welcome to TradeCity Pro!
In this analysis, I will be reviewing the ZIL coin, one of the Layer 1 projects primarily focused on payments.
📅 Weekly Timeframe
In the weekly timeframe, we observe a ranging box following the downtrend from the 0.01536 peak. The lower boundary of this range is at 0.01282, while the upper boundary is at 0.03472.
🔍 During Bitcoin’s last bullish move, this coin also bounced from the lower boundary and moved toward the upper boundary. However, as Bitcoin entered consolidation within its own range, this coin started to decline and has now returned to the lower boundary.
💫 If the price establishes itself below the range, we will likely see the next leg of the downtrend and a new bearish trend forming.
📊 However, if the lower boundary provides strong support and holds the price above this area, a move toward the upper boundary—and potentially a breakout—could occur.
⚡️ If the lower boundary is broken, the price target would be 0.03472, and further resistance levels at 0.06017 and 0.15361 could be tested.
📅 Daily Timeframe
In the daily timeframe, we can analyze price movements in more detail. As seen, after reaching the upper boundary of the range and getting rejected, the first bearish leg took the price down to 0.02034. Following a consolidation phase and a brief support at this level, the price broke below and completed the next bearish leg down to the lower boundary.
✨ Currently, market volume has significantly decreased, indicating that a major move is approaching. If the lower boundary is broken, the price may continue its next bearish leg downward.
🔼 For a long position, the first confirmation of a trend reversal would come after a breakout above 0.01635, though this is a high-risk trigger. The main confirmation for trend reversal currently stands at 0.02034.
💥 On the other hand, the key resistance remains at the upper boundary of the range. A breakout above this level would confirm a fully bullish trend.
📝 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! ❤️
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Feb 14, 2025Technical Analysis and Outlook:
During this week's trading session, Bitcoin has remained closely aligned with the completed Outer Coin Dip at 96000. This development suggests a potential pullback to retest the Mean Support level at 91800, with the possibility of further decline down to the Outer Coin Dip marked at 89000 before a possible resurgence in the bull market.
On the other hand, if the anticipated pullback does not occur, the cryptocurrency may experience upward momentum, retesting the Mean Resistance level at 101300. This could lead to an extension toward challenging the completed Outer Coin Rally at 108000 through Key Resistance at 106000.
#ONDOUSDT – Key Moment: Further Drop or Reversal?BYBIT:ONDOUSDT.P is showing a bearish trend, trading below key resistance levels. The price is consolidating under $1.3010, indicating a potential continuation downward. Volume is increasing, confirming market interest. If the asset breaks below $1.2890, it could decline towards $1.2760 – $1.2723.
📉 SHORT BYBIT:ONDOUSDT.P from $1.2890
🛡 Stop Loss: $1.3010
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ONDOUSDT.P is testing $1.2890, with potential for a breakdown.
➡️ Rising volume suggests increased trader activity.
➡️ A breakdown below $1.2890 could push price towards $1.2760 and lower.
⚡ Plan:
➡️ Breaking below $1.2890 opens room for further downside.
➡️ Entry at $1.2890, targets at $1.2845 – $1.2723.
➡️ Partial profit-taking recommended at $1.2845 – $1.2760.
➡️ If price moves above $1.3010, the setup is invalidated.
📍 Take Profit:
🎯 TP1: $1.2845 – first target.
💎 TP2: $1.2760 – strong support level.
🚀 TP3: $1.2723 – final profit target.
📢 Bearish confirmation requires a strong close below $1.2890.
📢 If price slows at $1.2845, partial profit-taking is recommended.
📢 A breakout above $1.3010 invalidates the setup.
🚀 BYBIT:ONDOUSDT.P is on the verge of a breakdown – expecting a move to $1.2723!