Bitcoin Futures
RIP TO 8K LEVEL OH BITCOIN As we all know bitcoin has been consolidation in higher tf like the daily but the question now is will it survive a bullish momentum or a redish momentum
...see my analysis to the 8k level
Bitcoin CME Futures two week forecastWhether Bitcoin CME Futures closes over or under the D 55 SMA today (brown line) may prove significant for the coming week or two.
If price closes under the D 55 SMA, it means that price could move down and find new support at the 100 EMA (dotted green line). Price could then find a lower target of around $8200 within a week or two. Bitcoin CME Futures would thus close the gap between $8985 to $8515, and history proves that gaps tend to be closed. If it does, which of course isn't guaranteed, then it would yield up to 15% profit based on the current price.
However, if price closes above D 55 SMA today, so that it acts support, then price could initially move up to the D 21 EMA (dotted blue line), with a first target of around $10300. The next logical point of resistance is the the last top, with a target of around $10850, yielding up to 14% profit from the current price.
BITCOIN CME FUTURES GOING DOWNHi everyone, As we can see on chart BTC CME FUTURES cross MA 50, next stop MA 100.
RSI, S RSI, MACD bearish.
BTC1! In my own view btc movement is clear look past what people are telling you, we have more than one gap
BTC: New Bull Run SoonFirst hit the CME gap below $8900. Then bounce it to new highs!
COME HOME, WHITE MAN!
bitcoin
Bitcoin Futures. Mind the Gap.Gap 8475 - 9065
Weekly Futures. BTC1!
Circled weekly doji candles in the gap zone. Price stayed in these areas for the entire week, price memory within the gap.
"Gaps get filled" unless it's Netflix. Will BTC Futures fill the gap?
BTC Futures Gap FilledFutures traders filled the gap down to $8,230, watching to see if that level holds as support now.
BTC Futures GapWe have another gap on the daily BTC futures chart, looking for a fill down to at least $8,230 and a test of that area for support.
BTC1! CME Futures - ascending triangle?It's not textbook but it looks like an ascending triangle could be in play here.
Breakout with a close above 8,400. Looks like it might happen soon, DI is in positive territory and the buy pressure is overpowering sell pressure.
-----------------------------------------------------------------------------------------------
The buy and sell pressure indicator is a private invite-only script available for purchase or monthly subscription from
cryptoalphaindicators.com
5 day FREE evaluation trial cryptoalphaindicators.com
Bitcoin Futures Gap UpVery large gap on the CME futures chart. Gaps tend to get filled, so expect a dip back down to $6290 as futures traders who were unable to sell into Saturdays strength now have the opportunity to do so.
Bitcoin CME gapsIn traditional markets gaps usually get filled. Bitcoin is a 24/7/365 market, but CME trading is not following the same hours. So far most gaps have closed but there are two bullish gaps left open. If the price doesn't go near 6190 before the CME markets open again, then there will be a pretty decent bearish gap that will have to get filled eventually
The Real Reason Bitcoin Is Rallying to $7200...Bitcoin got a major push last night to the upper limit of our rising wedge.
We were expecting a pull back, but insofar Bitcoin has continued to rally without coming back down to give us a good entry.
Unless it has a good set-up with a high R/R (risk/reward), I don't like to enter. Many of the altcoins have been presenting us with great R/R's, which we have taken a lot of them in our VIP group.
Right now, what we are seeing is a pushing contest between the bears and the bulls.
I believe a target of $7200 is a solid target on this Bitcoin price rally because there was something known as a "gap down" in the futures market (which you can see on the graph attached.)
Typically with gaps, there is a pull back before resuming the trend. (which for Bitcoin is currently bearish)
This is known as a Gap Pull Back trade.
For Bitcoin, the Stoch RSI is maxed on the daily, so we should get a nice pull back for re-entry around $6700-$6800 if Bitcoin doesn't break down from there.
If we don't get the pull back, the R/R (risk/reward) is not in our favor as a pull back is overdue based on the stoch.
Target for the second gap on the futures market is around $7200-$7300.
Thanks for all the support and feedback. I'll continue to try and provide amazing content for you guys.
Leave a comment with your ideas below and i'll try and respond to all of them.
CME Bitcoin Futures GapsLook at these boxes and how they affect price action and range. Wow bitcoin, very cool.
When charting gaps like this, turn off magnet tool and enable "indicator values" in the chart formatting options so that the OHLC of BTC1!'s candles are viewable. Then use your preferred tool to create levels. Do note a majority of these gaps overlap due to their nature.
In some cases, a gap may be a runaway gap. Many traders like to use these as areas of entry. Runaway gaps may be caused by exhaustion in the trend, ironically.
If price is in a downward trend, there will be a moment where buyers capitulate and sellers are euphoric. In an upward trend, buyers are euphoric and short sellers feel short on logic.
In the event of a runaway gap, expect price to pull back to where the gap is to "fill" the empty zone.
A few of them are breakaways, too, where the break is caused by (usually) a fundamental reason. When a large breakaway gap occurs, the gap will become a support or resistance. A possible breakaway gap on the chart is the one on June 8th, 2018. A Korean exchange was hacked and bitcoin dropped to sub $7000 in a couple days.
BTC : Trying to slow the freight train. Resistance is Futile !BTC Shorts trying to smash
Bitcoin down again before
the markets close for the
weekend. They know "ETF"
is coming along with custody
and regulatory framework.
They want to suppress BTC
as long as they can until
they are ready to come
in and scoop it up !
BTC futures BTCUSDconsolidation after inverse head and shoulders, interesting to see what the futures will do after this consolidation, alot of pump up and trading over the 200ema, would like a test to confirm long.
BTCUSD Baised on BTC1 futures printing a new low on friday, btc will most likely hit 5500 - 5200 after a minor pull back.
generally not looking good for btc long term atm, brave longing pull backs at small time frames, better to wait for 200ema touches for shorts.
Main channels on the Bitcoin's CME exchange
Interesting pictures, as well as the actual channel in bitcoin
