Orange Juice low on Demand over Supply but on Technical and Seasonality Charts historically, I say we see Price at a Good Buy Price!!!
Hello dear traders, Here are current margin zones, since price now stacked at 50% we still remain bullish impulse, Best scenario to catch price at lower margin zone and weekly minimum Good luck :)
A bounce in the area was to be expected, but hold your horses. It hasn't closed yet. The gap is shown on by the green shaded box. On Bitfinex and Binance it bounced around $7675, which uncoincidentally was the gap low on CME. BUT this level has not yet been reached on CME. In other words, many traders placed long orders around $7675, but it seems they didn't...
Price has come down to test the 6-7k support level, potentially ready to bounce. Price has made an inverse head and shoulders pattern into this zone. The right shoulder bounced off the 62 fib retracement from the head. The head occurred the week of December 15, the anniversary of the creation of bitcoin futures contracts (Price found its high around 20k and low...
cme gap to be filled and retest of the head and shoulder and could hit 8778 and keep going if we break long term downtrend
Hello Traders, Today’s chart update will be on the CME Futures chart, which has an open gap that with a high degree of certainty will get filled. Points to consider, - Trend topping out - Structural resistance hit - Support zone being tested - Stochastics projected down - RSI approaching support - Increase in bear volume - EMA’s crossing bearish The...
Hello dear traders, Here we have CME Mohtly levels based on option contracts + strong Monthly levels based on my analisys which is taken from other sources :) 1- Remember that by the end of the CME mothly level's expiration price will come back to that range in 80% 2- Blue zones are very strong reversals for mid-term trading! Good Luck :)
Hello dear traders, Here we have CME Mohtly levels based on option contracts + strong Monthly levels based on my analisys which is taken from other sources :) 1- Remember that by the end of the CME mothly level's expiration price will come back to that range in 80% 2- Blue zones are very strong reversals for mid-term trading! Good Luck :)
There's a CME futures gap around 7665$ to 7723$ that needs to get filled. I think BTC will have a pull back to this price and then it will start going up again. I'm bearish short term although we had a nice momentum but I think there's a pullback coming and after that we'll break higher resistances.
Take a look and keep in mind, that derivatives market is 18x larger than spot
Bitcoin was on target to reach an all time high of $28,000 for Jan. 2018. Unfortunately, this event coincided with the beginning of the Bitcoin futures market. Bitcoin has never been up since. People think that since it went from $3500 in Jan of '19 to over 10k in June that it had an increase in value, it didn't, it is down -63% from its' all time high. Today...
This is just one of the possible scenarios, no1 is sure what will happen, so keep that in mind. Recently we had a parabolic advancement, they usually retrace more than 80 proc in any markets. There is an unfilled gap at spike from 4 - 4.7k, having is coming in April, 86 proc BTC already mined. Whales need to accumulate as many BTC as possible from retailers,...
On December 15, two years ago, the largest American company CME Group launched Bitcoin futures. CME is the only one who provides the opportunity to trade bitcoin futures in the United States and they are the first to enter the territory of derivatives instrument for the cryptocurrency market and now they have no competitors. CME futures are one of the most...
BTC propably doing only correction in downtrend, last pushes up provided price to daily resistance area on weak volume. if we cross 7600-7800 on good volume, we can talk about double bottom, but like we said, volume is tolow. on lower tfs we can see forming potential rising wedge with descendingvol = setup to change trend (not confirmed yet) , also we have fresh...
As we can see starting CME futures started as well the new BTC reality. Now the market suspiciously matches to begins and ends of CME futures markets. Therefore the main reason to make 2020 investment/trading decision is to understand where want to close smart money of CME in June 2020. As far as we're going to have halving in May 2020 CME will not able to ignore...