After 4 HR close on red bearish full body candle for some confirmation of a short incoming trade,will look for some volume to make sure this is not a double FAKE OUT , so far we have gotten rejected 11 times/FAILS at the new resistance level @ $11100.00 0n the 1 HR not being able to kick thru and move higher and finish this bullish fake out , so i believe we are...
Broke out of inner symmetrical triangle, very possible it will retest the triangle and the 4h 200ema.
CME failed to close the gap that opened this week, instead price heading in the opposite direction. As it happened before price will reverse and fall to close the gap. If price maintains within the ascending triangle then price action is bullish and upward trend will resume.
Bitcoin loves it's macro fractals. This suggest we're nearing cheap BTC before the next major mark up from the invisible hand. Watch the 0.382%. Watch the weekly 20MA. Google the pattern name to learn more.
don't expect the lower cme gap at 9.6k to be closed even if there is a small pullback.
-Yurlo Please go ahead & give this post a like 👍 Why I'm bearish when everyone thinks "the bottom is in" #1: When everyone thinks the bottom is in, it probably isn't. #2: SPX just dropped below a MAJOR transition point (s/r) & I believe BTC will follow & break the $9800 support. #3: I don't like to follow the crowd. #4: Be a lion, not a sheep. Phases: #1:...
did not fill it and produced a 4H bullish hammer. I suspect it will go up to retest previous support at the 4H 200ema before closing the gap. Or it can be nice and wick and close it.
-Yurlo Please SMASH that like button if you like this TA I've created for the upcoming 24-72 hours. I'm not posting any more charts or updates on my tradingview account until we're under $10,000. Goodnight.
-Yurlo (PLEASE HIT THE LIKE BUTTON IF YOU APPRECIATE THE CONSTANT UPDATES AND VISUALS REGARDING PRICE ACTION) 👍 I took a scalp long after $9950 was defended HEAVILY by bulls, HOWEVER it seems to appear the 4 hour candle is getting rejected & I don't like how strong this downtrend setup is. I closed my long, and I'm going to take a small low leverage short here....
Looks like BTC is in a channel, which will lead straight to the CME gap and then HOPEFULLY up again. Also going through a BB squeeze and heading down, which supports this channel.
-Yurlo (Please give this TA a thumbs up for the visuals created here) Recent weekends CME just closed at (10620), while the breakout CME at (9600) hasn't been tapped since we broke above (10000) well over a month ago. I'm placing my bets on $9600 to be tapped before $10620. Why: #1: Bears aren't close to reaching an exhaustion phase (every time bulls try to...
Good Afternoon Everyone! A glance at BTC, I'll keep it short & sweet. - Right now, we've been respecting the TA that we've been sharing to the $$$, super happy about that! - We are SO SO CLOSE to this CME gap at 9600 being filled, what I said earlier & I'll say it again here, statistically, it's likely that we WILL fill the gap there, however I won’t discount...
-Yurlo (please SMASH that like button if you appreciate the creativity I've been sharing with the community) 👍 Reasons why I'm bullish around the 9800 - 10100 level: #1: Every single time we've wicked below 10000 whales have been buying the zone up like no tomorrow/ #2: CME gap (latest) is still 10620, it would make for a smoother drop if this was to be taken...
Well after that Bitcoin dump the other day many are speculating " How low can this go ? " Well there is still a CME BTC futures gap below us on the daily CME BTC1! chart . Can you see above where I have placed the purple arrows on the chart ? That is the gap right there . It's between 9925 - and - 9670 and so we do need to go down there and fill this gap at some...
Hi All, I have been looking at what is likely to happen next with BTC price action and I thought this time, I start it off with the BTC CME chart (FUTURES chart) this time. OBSERVATIONS and THOUGHTS: ====================================== NOTE: many of the things outlined here were mentioned or shared in my previous posts and now I believe its confirmation to...
-Yurlo (please give these visuals a thumbs up if you like the creativity of my mind) Last night I took a short around 10500, I closed around 10000 & opened a small low leveraged long. It seems to me that whales are clearly accumulating the 10k level because every time we dump below 10k it gets bought up SIGNIFICANTLY & if you haven't noticed the last dump which...
CME Futures Gap's never fail. Sooner or later, usually sooner and harder then expected. I'm at least prepared for it...
BTCUSD Ok here’s my BTC theory... The CMEs closed on Friday with BTC at 10660. That means as long as we stay under that price on the weekend, a new gap up to that number will be created. There’s the existing gap between 9670-9930 and we have wicked down there a couple times so far this weekend. If we stay around the area we are now (10,300ish) then I have...