The reason I started looking into this is because I was wondering if there could be a scenario where the price of bitcoin could stay relatively close to $10k but the CME price when it opens on Sunday gaps down passed the price of bitcoin filling the gap from July then bounce back up to near the current price of BTC. The CME bitcoin futures price closed today at...
Bitcoin crashing hard and there is huge chance for cme gap to filled around 9600. we also made breakout and this one will be retest at the cme gap healthy and good correction we are heading now
CME Cheat Sheet. Date > Ticker > Duration > Settlement. Aug 2020 BTCQ20 02 Mar 2020 - 28 Aug 2020 - 31 Aug 2020 Sep 2020 BTCU20 30 Mar 2020 - 25 Sep 2020 - 28 Sep 2020 Oct 2020 BTCV20 27 Apr 2020 - 30 Oct 2020 - 02 Nov 2020 Nov 2020 BTCX20 01 Jun 2020 - 27 Nov 2020 - 30 Nov 2020 Dec 2020 BTCZ20 16 Dec 2019 - 24 Dec 2020 - 28 Dec 2020 Jan...
Lots of big bulls now in the retail community. Bad sign. Here are the areas with buyers: Notice the small fish were net short at the bottom. Pathetic. First they think the "bull market is back" inside of a drawn out distribution pattern. Second they "have strong hands" and "DCA average down" catching falling knives. Third they get wiped out. Fourth they...
yesterdays price action was a tremendous fake out. I expect it to bounce back and test resistance because we now have a liquidity zone of trapped buyers.
People hugely bullish because btc broke all kinda resistances right now. They all be watching wrong chart. Maybe. Check this out. Ascending wedge. I fear a drop. Also hopeing for drop. If ya know what Im sayin'. ;) Still, just watch this chart as well as you watch all of yours. Just a friendly heads up.
CME Futures chart of Bitcoin, regular scale, on the weekly time frame. If we connect the weekly candle (not the all time high) to the other highs we can see a triangle formation that hasn't broken out yet. We also see the futures gap (orange line) corresponding with the weekly EMA ribbon, which we like to come back to during bull markets (see 2017). I think we...
RSI broke out of the descending widening wedge. looks like it will go up.
It's time to sell. Triple top, decreasing volume, unfilled CME gaps. We're going Sub-10k very soon!
Nearby 20, 80 SMA's crossing area, if crossing we'll short sell to 18's area
hit the upper channel resistance as well as the RSI resistance. High chance of a retrace.
Although it has formed multiple bearish divergences, it also printed hidden bullish divergences. RSI in a falling wedge hints to a continuation upward.
CME gap filled around 11600$ with the latest drop that $BTC showed a few hours ago.. Still one open at around ~9600$ that I expect to wait a long time to be filled 😅 Shoutout to hav0c on tradingview for the Gap-O-Matic indicator 👌()
Weekend pump created a gap at 11680 which increases the probability of a reversal. Heavy bearish divergence present as well, but this does not guarantee a reversal.
back at the china/vays diagonal, brought up on low weekend volume, 12h POC and cme gap looms at 9500, everyone bullish, covid gaining momentum, you know what to do...