Technical analysis by tradecitypro about Symbol BTC: Buy recommendation (5/28/2025)

tradecitypro

👋 Welcome to TradeCity Pro!Let’s dive into Bitcoin and key crypto indices. As usual, in this analysis I’ll walk you through the triggers for the New York futures session.⏳ 1-Hour TimeframeOn the 1-hour chart, as you can see, Bitcoin was once again rejected from the 110128 level yesterday and is now hovering near 108237.✔️ At the moment, price hasn’t yet touched the 108237 support. If it manages to stay above this level without breaking below, the chances of retesting 110128—and even breaking above it—increase.🔍 If 108237 is broken, a short position could be considered. However, keep in mind that this setup goes against the current uptrend. As mentioned in previous analyses, the 106192–107010 range is a major support zone, and as long as price remains above it, the trend remains bullish.📉 The main short trigger would be a break below this key support. If that occurs, it could introduce strong bearish momentum. An RSI break below 38.57 would serve as a momentum confirmation.✨ During this pullback from 110128, market volume has been decreasing, which indicates the strength of the ongoing uptrend.💥 If 110128 is broken, and considering the strong trend, a long position could be initiated. An RSI break above 50 would provide additional confirmation. The primary long trigger remains a break above 111747.👑 BTC.D AnalysisBitcoin Dominance continued to fall yesterday, reaching as low as 63.87. It has shown a slight bounce from that level and is currently in a mild upward correction.⭐ If a lower high forms below 64.18, the chances of breaking below 63.87 increase. However, if the correction goes beyond 64.18, the probability of resuming the uptrend will grow.📅 Total2 AnalysisYesterday, Total2 was rejected from 1.24 and corrected down to 1.21. If price bounces from here and heads back toward 1.24, the chances of breaking that resistance will rise.📊 If 1.21 fails to hold, a deeper correction toward 1.18 could follow.📅 USDT.D AnalysisUSDT Dominance is forming a lower high compared to 4.56. If this plays out and 4.49 is broken, it would confirm a bearish move.⚡️ On the other hand, if 4.56 is broken to the upside, the move could extend toward 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.