Cmebitcoin
BTC CME gaps to be filled We are entering an important zone ➡️ above previous high and around 0.5fib...
Let's wait and see if we support or lose the R/S line. When lose, I close my long CRYPTOCAP:BTC position and start to look for short setups... If we support, we will continue 🐨
Be alert...
#trading #bitcoin
CME Reportables for BitcoinThe CME report for the 23rd to 30th of August came out Friday and saw interesting price action from Bitcoin.
Another approximate 1k range is currently between 20.4k and 19.3k.
This is similar to the previous range of 21.8k to 20.8k.
As of the report, Exchanges (Dealers/Intermediaries) increased their Longs by a massive 293%.
The change in Shorts being negligible could indicate an interest in holding the current lows.
Asset Managers / Institutionals are still closing their long positions and adding shorts however
given that the majority of their Long positions were created in November, December, and again in March
they are currently very out of position and this seems to be an act to hedge themselves and mitigate risk.
This can be seen as they have closed 1306 positions or 18% of their Longs since August 16th.
2 CME Gaps in Price Action still exist from November and December of 2020 at 17k and 18k.
With the majority of low leverage liquidity from July and August under the current low at 19.3k
a breakdown in price would occur swiftly to test lows from the beginning of July.
Until this range is confirmed broken, then the Support at 19.3k and 20.4k is still valid.
A word of caution; Be very careful Shorting into Support or Longing into Resistance.
Wait for confirmation of range break and assume it is a fakeout until it is confirmed as a breakout.
XTZUSDT , 1W , 15.02.22Hi guys
Just take a look in long term for XTZ.
we have an important resistance around 4.3, to see middle of channel (around 5.6) should stay above 4.6.
EMA200 at Daily time frame place on 4.6 which make the price more important.
we will follow patterns in lower time frame as soon.
15.02.22
DYOR
Bitcoin in CME chart, if Gap on 41400 fill or not?As you know, sometimes we have price Gaps in CME chart. sometimes the fill immediately but we have a few of them that not fill up to now then it is not force to fill all of them. Now, we have Gap at magnified price on chart if it fill and support, maybe we will see HEAD & SHOULDER pattern.
if it fill or not?
10/Feb/22
DYOR
BITCOIN: Moment in History! October 2021 - Bull vs Bears CMEIs Bitcoin a commodity? NO! The scammers on Wall Street manage to think they can manipulate the price of Bitcoin via arbitrage? Sorry banksters, your decades of travesty are over. You have a month to pack your boxes and follow your Leecheman Brothers!
The World has been ripped off by Wall Street. Well, liberation is as simple as a math formula and the ability to verify instead of trusting blindly those who were put in office to protect the average joe!
Protect yourself, get PHYSICAL Bitcoins and only use wall street instruments of mass destruction on a very temporary basis. Research "bank bail ins" if you are retired!!!! Don't work all your life and be like a GM pensioner working at WallMart!
Bitcoin (BTC) • Not looking bullish as you may thinkGet some popcorn and watch my subjective interpretation on why current price action is not looking good at all despite the ongoing mark up.
Some talking points include:
• Volumes
• Monthly and Quarterly Charts
• Orderbooks and order clusters
• Grayscale Premiums
• BAKKT and CME Futures basis premiums
• Options Put/Call open interest distribution and expectation
• Funding Rates, Open Interest and Liquidations
Bitcoin CME GapsThe “Bitcoin CME Gap” is the difference between the trading price of a CME Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday.
In 77% of these cases the retracement occurs in the subsequent week, before the next CME market open.
No matter which type of trader you are, never forget: “mind the gap”.
CME Gaps explained - Sunday night suckersI've been exploring CME Gaps for sometime. Here in this chart I go through several of the most outstanding gaps left in the BTC market.
Tonight was a wonderful example of how CME Gaps can lead you astray. Generally speaking, CME Gaps are filled relatively quickly, and or the gap price hovers closely over the weekend, so the fill almost goes unnoticed.
This weekend however, went differently (so far), but not so differently if you look into the past. There is in general gap theory on all charts, but BTC holds many peoples close attention. The last time the CME gap was this large, it slowly but surely filled that gap methodically. Once market makers saw this opportunity (imo), there was an explosive run away gap scenario to take advantage of. Many retail traders observed an opportunity to short once CME began trading again, this is generally not a poor strategy. However, other market makers saw an opportunity to grab liquidity, and they have thus far.
Which other major CME Gap will fill first $49K or $23K? Or alternatively, fill the newly existing CME Gap and remain range bound for another month or so?
Wow, CME and Binance has various prices!!CME:
Binance:
So, what it means?
My strategy using Binance chart ONLY.
Binance chart touched 200 SMA Day timeframe - strong short signal.
Because of strong Short signal - I drew 5 downtrend waves.
But CME does not touched!So, my arguments for short are destroyed.
I think its Long time.
Gauge the crypto market sentiment (Institutional & Retail)Whale and institutional investors initiate the trend in the Crytpo market while retail investors help pushing that trend to its peak.
Of course, there are many more things to look out for, but you will be staying one step ahead of many ppl just by paying attention to these few things in my chart while avoid becoming bagholder yourself.
Ethereum ST (February 1st 2021)Ethereum/USD (February 1st 2021 through March 2021)
Low: $1,302
High: $3,302
Wanted to come up on another update for Ethereum before the big Chicago Mercantile Exchange futures launches on February 8th.
I think 5 important short term future levels to watch for could be $1,570, $1,901, $2,436, and $2,971-$3,302. I specifically want to see bearish reactions off of those levels, the 1.27 could be important too but maybe not as important as these other fibonacci levels.
I think with the introduction of CME futures for Ethereum, price could get extremely volatile. It may get a glorious pump but it may end in terrible devastation too. Bitcoin's CME futures launch was January 13th 2020, and Bitcoin managed to pump up to mid-February before it took another month to crash. But at that time, things were fundamentally different and Bitcoin had already been in a months-long major downtrend. Ethereum could still be in a major uptrend but if this crash I've been theorizing about comes, it could be far worse than March 2020.
There could be some decent volatility this week before it really starts pumping, but when it gets going it will probably be insane. If a real crash happens after, we could see prices back under $600 for sure. This will be very unpopular, but in my opinion, Ethereum could go back under $100 by the time the bear is done. For now, the market euphoria may only increase more and more.
The red box is my predicted range for Cindicator forecasting this week.
Related ideas attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
5 bearish CME GAPSI wanted to point out there are 5 bearish CME gaps on the Bitcoin chart. These gaps are located around $23360, $18355, $9680, $7580 & $3570.
My opinion about this is that $23360, $18355,$9680 and MAYBE $7580 get filled. This is still possible and BTC could continuing keeping its uptrend on bigger timeframe.
If BTC breaks this uptrend, it will likely go even lower than the $ 3570 bearish gap.
CME BTC Futures - The Story of the Gap Fill Fake OutHere is some fun Chart Art
While everyone has their eyes glued to that CME Gap and believing it will hold for support..
Smart Money understands Market Maker Mentality and can see a few square ups.
Do you know what a square up is? But do you REALLLLYYY know..?
CME TARGETS WEEKS /BTCFUTURESRelevant weekly CME targets.
20395-20550
AS WELL AS
17900-17750
With 93% of one of these goals, the price reaches one of them.
You don't need to invent anything - there is a flat (I am working in it now)
For those who do not know how to work in this situation, I write -
Going beyond the border of this channel will show you the way, either update the bottom if the price is below 18500, or top. 19500 - everything between these values - FLAT
By the way, one of my long positions is now at minus 300 points. But I'm not upset, because this is the market.
You see, I look forward to further growth, although I see how everything goes down. Perhaps I became a fan of bitcoin and the number 20,000 is like candy to me.