Hey hey my friends 👋 Brief BTC update, we have broken the bearish scenario of a descending triangle and a bearish pennant to form a falling wedge which is a bullish reversal pattern which have a 68% chance of a break higher 🧀 Keeping an eye on this idea because it will drive alts with it either direction it goes 👀
BTC may see a quick dip to 54k to fill the last CME gap before Bulls get the fuel to continue on the run to 70K and beyond.
BTC needs to break 57500 and hold it as support for me turn to bullish; a rejection creates way for a bearish trend. IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Here's a quick look at BTC CME 4 hr Chart. As we can see, we have unfilled CME gaps at different price ranges. These gaps Tends to get filled very often. Tho there's no specific timeline for when they'll get filled. Right now there's a gap at 54.3k And it makes sense for the market makers to push the price down again to fill the gap as the price is already close...
The price has reached the supply zone. Considering only the sale. NZDUSD - SHORT ENTRY PRICE - 0.71490 SL - 0.71900 TP - 0.70300 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your...
CME bitcoin futures history accumulation jump vacancy to be covered
Price action on the CME chart is in ascending triangle currently heading to close the gap at 55.2k which corresponds to the support of the ascending triangle. If ascending triangle support is broke the measured move will send price to 38K which coincidently correspond to a CME gap. Orange boxes on the chart are closed CME gaps and the blue ones are still open.
Just a small gap this Morning. Lets see how fast it get closed. Short it, like always
Hi! What's up bro? I carried out an analysis of Bitcoin futures on CME exchange. Showed the distribution by profile volume and candlestick volume and compared the volumes in the last three months. And suggested when a fall in prices would begin. Happy viewing! The fall is likely to start in April, and it’ll last for 3 to 4 months. I’m waiting for the BTC bottom...
CME Futures is one of the biggest bitcoin futures group. Over the past years we tend to see when there is a gap in the chart, over 90% of the time we always fill this gap. The gap is caused by price volatility mainly on the weekends when CME futures is closed. The areas marked with a box show these gaps getting filled. I would not be surprised if we saw...
Could be. Haven't seen one in quite a long time. Would make sense considering the record open interest heading into last Friday. We'll see :)
Price trend data leading up to the last Friday of each month, when the Futures contracts expire. Consistent dumping at the end of each month.
Re-enter for long trade. Stop level under Demand Zone. GBPUSD - LONG ENTRY PRICE - 1.38650 SL - 1.37700 TP - 1.40800 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4....