#BTC.D 2H Chart

Bitcoin dominance is still moving up as expected and constantly bouncing off the EMAs which are working as support. I still expect it to reach the daily supply around 43.4% before potentially moving down again.

https://www.tradingview.com/x/VkGRwiGA/

Bitcoin and Whole Market update -

As next Bitcoin halving date is coming closer, we are seeing the increment in the volatility in the market which was almost completely dry with volume for several weeks. Bitcoin is gaining the volume steadily.

Let's talk about 1D timeframe of Bitcoin -
After printing a failed death cross on 11th September 2023 , Bitcoin again printed a golden cross on 29th October 2023. A failed death cross is indicating that the selling pressure or the bear pressure is now reducing drastically and market is optimistic to go up.
Bullish Scenario - Bitcoin has strong resistance at $37980-$38250 zone. A daily candle closing above 38250$ will give it a bullish momentum towards next resistance $39600 along with psychological resistance of $40000. And if Bitcoin breaks this resistance and close above 40500$ then we can see it at 42300$ before next leg down again towards 35100$ zone retest.
Bearish Scenario- Bitcoin daily candle closing below $35100 can lead it to 32400$ zone where there is good liquidity to grab. There is good demand zone at $30420-$30780.
Supports -
$35550-$35800 Local
$33840-$34200 weak
$32040-$32400 neutal
$30600-$30960 strong
$30000 psychological
Resistances-
$36900-37260 weak
$37980-$38250 neutral (currently strong on short term timeframe)
$39600 strong
$40000 psychological
$42300-42660 strong

Bitcoin Dominance Analysis-
Bitcoin Dominance is currently at 52.60% and the support is at 51.84% as per tradingview index. It is NOT looking bearish yet so we recommend to not open many BTC pair trades as those lag if BTC dominance starts going up again. 4H timeframe for BTC dominance is looking bullish which can lead it to first resistance 53.10% and next is 54% strong resistance. So if you are trading in BTC/Satoshi pairs then we recommend you to put limit orders below 7% to 20% of current price in DCA (dollar cost averaging) order.
Supports- 51.84% , 51.12% , 50.04% , 48.60% strong
Resistances- 53.10% , 54.36% strong, 55.62% , 57.60% strong

CMC (Crypto Market Cap) Analysis-
CMC is currently at 1.354T$ and it is having strong resistance around 1.429T$-1.44T$ zone. Nearest support is 1.305T$ while next lower supports are 1.251 T$-1.26 T$ , 1.134 T$ -1.152T$ strong. 990B$ - 1T$ psychological support has proven to be strong in recent times as it held the price movement there without letting it breaking down.
Resistances are 1.429T$ - 1.44 T$ , 1.512 T$ - 1.521 T$ 1.584 T$ - 1.5939 T$.
It is slightly bearish on 4H timeframe (invalidation if closes above 1.377 T$) whole other higher timeframes are still showing uptrend and bullish momentum.

Crypto Market Cap Excluding Bitcoin (Altcoins Marketcap) Analysis-
It is currently trading at 641.90B$ with strong resistance at 675 B$ then at 702 B$.
Again 4H timeframe is slightly bearish. Supports are 621 B$ , 603 B$ , 585 B$.

Bitcoin Marketcap analysis-
It is currently at 710.55 B$ with resistances at 729 B$-730.8 B$ , 742.50 B$ - 743.40 B$ , 756 B$ strong . And supports at 702 B$ weak , 684 B$ neutral , $655.20 B$ is strong support.

Conclusion for BTC is -
Bitcoin is slightly looking bearish on 4H timeframe with invalidation if closes above 37350$ on 4H. Also closing 1D close below 35100 will be more bearish and 1D close above 38250$ will be bullish.
Market is looking slightly bearish on 4H timeframe. Also Satoshi/BTC pairs are looking bearish as BTC dominance is going up slowly. December is usually a neutral month for BTC but in recent years it is slightly proved to be bearish so a proper monthly close should be studied at the end of this month for longer term position.

CZ stepped down as CEO of binance which made big headlines in crypto Market. BTC crashed to local support and again bounced back from there comfortably indicating that this news has not affected much to the market. Local supports have worked for other indexes too. A recent failed death cross was already indicating that we are almost near the bull run. (It may be the last mega run and after this market will be slow moving so take the perfect advantage of this).. There is still a retest pending which will give you opportunity to buy the dip. Risk management is very important. We preserved the capital for a very long time and now it's the time to utilise the capital to make the use of it to the fullest.

Trading at the right time is the most important thing in trading to achieve good accuracy and gains.

Trump is leading but only small seats have been counted (winning seats) so far and there are 82 seats which are yet to be counted where Kamala can win. Market saw extreme derisking and now getting back after initial results. Still too much to be counted.
Trump's win will be bullish for crypto instantly as everyone knows. Kamala's win will be bearish for short term but again bullish from January so nothing to worry.
82 major seats can still make difference.

Counting of 82 seats have been started and Kamala has jumped from 192 seats to 210 seats while Trump is still at 230 seats.

The portfolio should be like above. No changes for now

Altcoins declined by 20% but today got pumped because of election news. Still those are at 20% down in BTC pairs. And still down by 7% on average than last week.

63% BTC Dominance and we can enter into alts with more capital.
First important resistance is 61.2% which is very near.
Do not immediately enter into alts after 61.2% but can be better to wait for 63%.

Updates and signals were given in only premium channel but we will also share it here from now.

Mid term hold signal -

#NEARUSDT

Buying Zone- 3.24-4.18

Selling Targets - 4.5 5.85 7.2 9.9 14.4

Stop loss - Daily Candle closing below 2.88

Mid term safe but slow trade

#LTCUSDT

Buy below 54-71.3

Sell 76.5 90 126 171 252

Stop - Daily Candle closing below 50.22

Mid term. Safe but slow

Two more mid term but slow coins -

1.

#LINKUSDT

Buy below 9.9-12.5

Sell 13.4 15.21 18 22.5 27

Stop - Daily Candle closing below 9.36

2.

#TRXUSDT

Buy below 0.126-0.161

Sell 0.171 0.189 0.225 0.279 0.360

Stop - Daily Candle closing below 0.120

These are safer coins. Hidden Gems are going to be given only in Premium channel.

For premium - www.universalcryptosignals.com

If any query -
contact @team_ucs1 or @cryptosaviour

In bull market , never buy any coin in one buying order. Always divide the amount and buying at various levels if price goes down. Proper DCA is very important in bull market.

Mid term hold

#LTOUSDT

Buy below 0.0972-0.1215 (current price)

Sell 0.1350 0.1620 0.1980 0.252 0.3060

Stop - Daily Candle closing below 0.0918

Bitcoin Dominance is decreasing as ETH , SOL , ADA and some top coins are getting more marketcap.

Bitcoin Dominance had just missed 61.2% resistance and I think it can still go there and breakout of that can lead towards 63% which will let alts bleed in BTC pair.

#GMXUSDT

Buy zone - 20.25-25

Sell 27 29.7 36 45 63

Stop - Daily Candle closing below 19.62

Mid term coin.

Solana is at weekly resistance level 205.2$-207$.

It is almost making cup and handle on weekly and trying to break the resistance level. Breaking above 207$ can lead to new ATH

#TONUSDT is looking good at this dip

Buy below 3.69-4.905

Sell 5.4 6.3 9 12.6

Stop - Daily Candle closing below 3.24

Mid term

In bull market , alongwith multiple buy orders , you have to make sure that your stop loss is not very much close/tight as many times price wicks down and takes the stop loss and liquidity and again go up so trades end up in losses. Hence it is always better to decide based on daily Candle closing prices.
In bull market , dips are bought back quickly as well..