Bitcoin / TetherUS
Updated

Bitcoin Futures Report [25/5/2018] and some TA.

531
CBOE Report
cftc.gov/dea/futures/deacboelf.htm
at the moment , the short positions are still more , but their number has decreased , this is a small good sign.

CME Report
cftc.gov/dea/futures/deacmelf.htm ( CTRL + F => BIT )
It's nothing special.

TA
in my opinion , the blue rectangle is a culmination of sales , cuz this is the largest volume spike in 23 days
snapshot

but be careful , the closure of the four hour candle below the Fibonacci level 0.786 (7346) will be a bag sign
snapshot

P.S
I don't believe in falling below the 6600 level , cuz the main mining pools will not be able to earn.
Focus on the expiration date of may futures ( 31 ) and TRON.
Note
the trend line is still valid
snapshot
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another try to a breakthrough was failed
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the price broke the possible trend line and the Fibonacci level 0.786
snapshot
if this is a false breakthrough I expect a growth
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I see large orders , be focused
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i see the large orders , be focused
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someone bought 100-150 bitcoins on binance , it's strange for this price situation
maybe it was the false breakthrough
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BUY STOP 7500
in case of a price spike
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the second try to the breakthrough
snapshot
RSI divergence
snapshot
I think the bulls are trying to take a control.

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