BTCUSDT Analysis by harmynder

Bitcoin had a six percent bounce from its buy zone, previously around 101,000, to its current sell zone. Ethereum also experienced a seven and a half percent bounce from the buy zone at 3189, now situated within a sell zone, indicating a potential profit-taking opportunity. S&P 500 futures reached a neutral zone before bouncing, while Nasdaq futures also reached the neutral zone and bounced. Dow Jones Industrial Average futures were primarily in a sell zone. Russell futures touched the buy zone and initiated a bounce. US Oil reached the buy zone and bounced to the neutral zone. In a broader view, the S&P 500 index could touch 6349, while a bearish scenario might see it fall to 5778. The presenter suggests the S&P500 is nearing a top. The RSI is near a red zone and it has several unfilled gaps, leading to expectations of a pullback. MES gives a seven count sell signal, indicating a potential downtrend. SPY has unfilled gaps, as does MNQ. NDX is similarly positioned. Gold is showing a bullish trend. Several other stocks like APPL, NVDA, META, NFLX,GOOG have reached all time highs and the presenter states he does not buy at such high ranges. TXN had a bearish day due to poor earnings with a gap present on the chart at 188. A possible buy is on the range of 320 or lower for TSLA. Sugar is now bullish with a 9 buy counts signal with the presenter noting they were bought at the low. VIX got a buy count signal and it bounced.