Seems like big players on Bitfinex accumulated they longs when price of BTC dropped last weeks. Interestingo obserwation, new ATH on longs chart
Taking a look at the 4hr CME chart. I see we just completed a gap between 7100 and 7250. Lets see if it gets filled
Hello Traders! Welcome back to another update, today we will have a look at the BTC CME Futures chart, where a new gap has come to fruition. Will this gap get filled sooner rather than later? Points to consider, - Trend Bearish - Price testing .618 Fibonacci - Strong down trend resistance - RSI in oversold conditions - Stochastics in lower regions...
Nasdaq100 NQ1! We are concluding the price cycle upwards today after the US Non-farm numbers have been released. Expected at this point is for a down cycle to begin towards the 8100-8000 price area. If the price cycles work as in years past and this area (RED ZONE) holds, we can see a decline downward with potential consolidation (GREY ZONE), and further...
Let's see how my understanding of price patterns and fundamental and postioning/sentiment related variables stack up against the facts: I think $Bitcoin will trend up strongly from here onwards, but the path is not yet fully clear. If prices move similarly to how I think they will between now and April, a new all time high will materialize, after confirming a long...
Hey friends, On the chart you will see the boundaries where price will move untill December 13 What we can expect: 1- Price will stay in boundaries 2- If price will break any CME OI level, with 80% by the end of the expiration day it will pullback to them! Also stay in touch to get Daily and Weekly Levels, Soon i will add levels for 3 month and one month...
So close, but still haven't gotten that 6k gap close. Now two exist to the upside. I am targeting low 6k, high 5ks at the lowest before continuation or chop city sideways. ---- See previous CME charts for further reference
> Big MA cluster around $8150-$8550, no sustainable pumps into this area till end of December +. > Funding & premium been consistently negative this week (bear break) > CME gap $7800 Action: 1. Short HTF breakdown of "This week" 2. Short CME gap
Bitcoin had TONS of fear and doubt yesterday, I heard a lot of investors sell their stacks due to fear of going MUCH lower... If you get emotional, you will get SMOKED trading Bitcoin. Have confidence, this market is here to stay with exponential infrastructure being built daily and many, many people putting their lives into Bitcoin's future. Don't fear, play...
Taking a look at the 4hr CME chart and noticing that the only gap that has not been filled according to this chart is the one at 11700 - 11800. I am still a noob when it comes to this stuff but I am starting to look at different time frames to see if they differ. For now I have looked at the 1 day and 4hr charts. I will look at a few more time frames to see if the...
Bitcoin CME daily chart: different from regular charts. On this chart the 200 daily MA is in a different spot and could very well be support at the $8000 level, also very strong support from the VPVR there!
Good morning again. I am learning how CME gaps work and reading up on it this morning. This is one area of trading I have little to no experience in so I decided to take a look at how they work and what they actually mean. After reading up on it and looking at a CME chart for the first time I am noticing a gap around 11800. Not saying it will be filled but I want...
Bitcoin that has been recently traded in the side channel of $9,000 - $9,600, has broken through the support level in the area of $9,000 and rushed down, having reached the previously calculated 25% margin level for futures with CME exchanges. After that, we saw a rebound and a retest of the previously broken support level, which is acting as a resistance level...
Gap closed. In theory that should lead to growth. In practice anything is possible.
Plenty of indecision in the market. Which isn't great but having that CME filled and the mini pump yesterday has given some movement to allow some moves. This reminds me of last year... Big move coming?
Looks like the CME futures gap is about to fill soon, 8800-8900 could be a nice entry for a long position!