Market Analysis – Key Levels to Watch!
🔥 Market Analysis – Key Levels to Watch! 🔥
❗️The market is unstable, and fear is visible – but let’s break down what’s next!
♦️ Recap of Yesterday’s Analysis:
✅ We discussed the potential altcoin rally – but only if BTC.D and USDT.D confirm.
✅ We also warned about fake breakouts in alts.
Over the last 24 hours, many altcoins spiked on the 1H timeframe, but due to low volume & weak momentum, and no confirmation from BTC.D & USDT.D, a fake breakout occurred.
🟢 Current Market Outlook:
The best move right now is to wait for BTC.D and USDT.D reactions to the key levels I’ll highlight below.
If the market turns bullish & BTC dominance drops, coins like ADA, DOGE, XRP, BNB, SOL, SUI, ETH will be on my radar.
👉 I’ll try to analyze a few of these coins before the next potential move and share trade setups. 🚀 Stay tuned!
♦️ BTC (Bitcoin)
• Sellers have pushed price into buyer micro-zones.
• Key support: 111
• Two bullish scenarios:
1️⃣ Price hits 111, ranges for a while, then breaks the range top upward → long setup.
2️⃣ A sharp bullish candle forms. If BTC.D drops on the same move, I’ll look for alts near previous highs for potential entries.
♦️ USDT.D
• Support: 4.22
• Max correction: 4.51
• If this level breaks upward → short setups will be in play.
♦️ BTC.D
• Yesterday’s analysis is still valid.
• After the recent downtrend on 1D (HWC), there’s only one bullish candle.
• For alts to rally: BTC.D must break 61.6 → 60.83 → 60.42 downward.
• If BTC.D rises instead, watch 62.17 as a critical level for altcoin drop scenarios.
♦️ TOTAL (Crypto Market Cap)
• Needs to break 3.91 to confirm bullish momentum.
• Early signal: 3.85 (1H timeframe).
♦️ TOTAL2 (Altcoin Market Cap)
• Early bullish signal: 1.48
• Strong confirmation: 1.55
💎 Follow me & hit 🚀 if you want real-time updates before the next big move!
source https://www.tradingview.com/chart/BTC.D/0Xw3npp9-Market-Analysis-Key-Levels-to-Watch/
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