AUA TRADERS

I am going to show you the importance of technical analysis along with fundamentals to predict the market.
Many people thinks that market work only on fundamentals and is run by market makers.
Yes its true that market makers and fundamentals are runing the market but Technicals are still working if market makers invalid the technicals then why retailers come to market and how they can invest.
So I can show you by examples that how Technicals are working to help you to invest in market and predict the market.

USDT DOMINANCE 4 HOURS CHART.
DOUBLE TOP
This is when btc start Pumping from 76k or 84k.
Here if you can see usdt dominance makes dubbel top that is bearish for usdt dominance and bullish for $BTC and market.
Usdt dominance and btc has inverse relationships its another topic i can explain it later.
So after making dubbel it dump and BTC moves to 92k.Yes fundamentals are also good at that point. But you are able to predict the market clearly.

BEARISH FLAG
This is second time when btc at 92k usdt dominance makes bearish flag and dump after making flag its clearly predictable by Technicals analysis.

And this is the latest pump its again bye making bearish flag in usdt dominance.
Now we can discuss why alts does not show any momentum.

BTC DOMINANCE 4H CHART
INVERSE HEAD AND SHOULDER
You can clearly see that BTC dominance is making inverse head and shoulder pattern that is bullish pattren and btc dominance is Pumping continuously after mking this pattern.
I hope you all know that pump in btc dominance will not allow alts to pump.
MY OPINION
I made all these predictions on technical basis keeping in mind fundamental situations at that point.
So in my opinion if you know fundamentals you can buy the coins but do not know where you have to buy it. I think to become pro in cryoto trading you need 3 knowledge.
You know the Fundamentals
Think what market makers are Thinking
And You know where to buy and where to sell(Technicals)
CONCLUSION:
Technicals are important to predict the market
Fundamentals are dominated to Technicals you can say it has 60:40 ratio but both are important.
Note
You can read bio to join us.
#TrumpTariffs #MarketPullback #technicalanalyst #TechnicalAnalysiss $SOL $SUI

The crypto market has been a rollercoaster since US started to impose Tariffs and then china came into play.
The war is still going on but the good thing is the market isn't caring much about it. This is what usually happen the market stops reacting when they hear same thing over and over.
Now lets have a look at Bitcoin chart and see what we can get or expect.
BTCUSD (Weekly)
As always starting from the weekly chart

The weekly chart is still in the no man's land. The structure is still break. Holding in between two important zones and i said it in my previous posts that for a swing perspective i only see two situations either price reclaim this broken range or it dump under $70k. I would still say the same as there is nothing changed on the weekly chart.
BTCUSD (Daily)
Looking at the daily chart the chart is still within the downtrend, Price continuously creating lower highs.
As long as we don't see a break and hold above $88,800 nothing will change on the daily chart.
Alright now this is what we have on the chart now lets discuss what i want to see in the market
Something positive on the chart

That fake out on the daily chart and this was also the reason why i shared that $81k long setup on my profile and it was perfectly executed.
Going forward
You may have seen this chart on the internet or maybe you have this same chart.

Almost every next person have this one trendline on their chart. It is called a downtrend line for those who don't know.
As long as price hold below or gets rejection from this trendline, Traders continues to expect downside from that particular pair. Some may have it a little lower or a little higher depending on how they draw it.
Make Them Believe The Bull Market is Back

Right now there are more bears in the market than the bulls. If we see a breakout of this one trendline this will turn the most traders bullish and we will probably see some upside on $BTC
This is something against the sentiments.
A move to $88k or above will change nothing on the chart but it will be enough to make people excited for the bull market.
Continuation To The downside
Like i said the move into $88k or above will change nothing. I think its possible we will get it, The reasons i explained above. Giving it room to squeeze higher than $88k because bear market rallies can give unexpected moves.
This is something i want to see. Over all The weekly chart is bearish, The Daily chart is bearish like we discussed in the start. If this doesn't play out we know the charts are still bearish.
Personally i am looking for short term buys this week. If i see any changes, I will keep you guys updates.
This is it, As long as Bitcoin is under this broken range, I think its wise to have limited upside targets and Wise to keep the risk limited.
If you want to join us read bio.
#PowellRemarks #BTC #technicalanalyst