Let's update our #Bitcoin #CME 1D chart; If you remember, I last shared a chart on 24.07.2024 that there could be a 30% decline on the Bitcoin side and that a Bullish formation structure would start from these levels. In the meantime, I have always voiced the danger of the gap it leaves behind as it rises. While filling the gap, it left a new gap at the same...
Here is the update on history of Bitcoin. NEW +1 Phase spotted. I find 7+1 Phases of the bitcoin from the top of 2013. 1. Descending Triangle Phase Price in form of triangle, in 2013 this pattern last for about 398 days. In the 2018, we can see similar triangle shape and price last here for about same period in 341 days. Next phase 2. Ascending Triangle Phase...
Traders, Our CME BTC Futures chart now shows (2) two gaps to fill. We know that over 90% of all gaps are eventually filled. Usually, this occurs sooner rather than later. The big question is which one of these gaps will be filled first if we assume they will both be filled? Post your best guess in the comments below. The other thing I am looking at on this chart...
#Bitcoin #CME Unfilled Gaps There are some unfilled gapes in $BTC that can be filled via down trend 🐻 #BTC price can increase to fill the gap between $5545 and $49265, then with an unexpected drop go for filling the $41185 and $39955, then more drop to fill gap between $33405 and 22860. 🐻🐻
hey guys, here i marked some bitcoin CME gaps keep an eye on it... in future bitcoin can fill these gaps.
💎Technical Analysis Summary💎 BITSTAMP: BTCUSD -Buyers are aggressively bought the dip for the 3rd time -We can see a Bullish rejection candle at a 17.3k dollar area -BTC manages to get above the 0.5 Fib level which is a good sign of strength -I'm expecting Bitcoin to consolidate in the next 24-48 hours -If we want BTC to continue higher, it must not go below...
X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore the Bitcoin CME Futures chart on the daily in order to understand the technical barriers that Bitcoin faces in its bullish rally. Analysis - A gap is an area discontinuity in a security's chart where its price...
Here we are looking at Bitcoin CME Futures (BTC1!) to take into consideration the latest GAP. This is a $260 GAP sitting near EMA10. Bitcoin can easily fill this GAP and we still remain 100% bullish. Nothing to worry about since the GAP is now above EMA50. We could easily see a retrace and test of EMA10 as support, which would fill the gap followed by...
Bitcoin CME Futures -After the trendline breakout and support retest last 22nd of July -Bitcoin started its uptrend move to 10400 region -If there is still left in the tank, it might even break the 10.5k resistance -But everyone is currently looking at the CME GAP down to 9.6k area -We all know Bitcoin likes to fill Gaps most of the time -It would also be healthy...
The Bitcoin CME Futures (BTC1!) chart is pointing towards ~$7300. The blue line will work as support if prices drop below EMA10. If this trendline is broken prices can easily move lower. Bitcoin Now Aiming At $7200/$7400, Followed by $8000+? Bitcoin Going To $8000+ Next Or Higher? See Inside Bear Trap? XBTUSD 1H Timeframe Thanks for reading. Namaste.
We are going to be looking at just two signals from this Bitcoin CME Futures (BTC1!) chart, these are telling us that Bitcoin (BTCUSD) will jump and move above $8500... Let's take a look! 1) First, we the "V" bottom. As this pattern completes, a bullish breakout can lead to $8500+ 2) Second, we have the now famous GAP, which can be filled on the bounce. We also...
Bitcoin CME Futures BTC CME opens the Monday trading with a price gap from 9100-8275 areas. This is a huge gap and the price is currently sitting at the key zone of support which has been the old resistance from Nov 2019-Jan 2020 trading history. If Bitcoin can hold this level for the next 24-48 hours. there is a potential to flip this area into new support...
BTC/USD Bitcoin failed the short-term rally and has now broken the upward trend-line support. Technically, this is a bearish scenario for Bitcoin as the price closes below 50MA on the 4H period. 8700 support is not strong enough to hold if we will look at the higher time-frame. If the bearish momentum will continue further, there is a chance we will be...
BTC/USD Where do we see Bitcoin from this point? BTC is still flowing inside this bullish descending channel from the High at 10.5k and now the price is touching key support areas at 9.1k. This pattern remains valid as long as the support between 8.8k regions holds in the short-term. Let's keep in the radar the RSI on 12H time-frame when the price hits oversold...
BTC/USD BTC got rejected 2x at trend-line resistance between 9.9k-10k rejoin. The price dropped by almost 5% last few hours today but immediately bounces at key areas of support. Things are quite looking bearish on the 4H time-frame as BTC made another Lower High. If Bitcoin will recover again at previous support but still unable to break this trend-line...
BTC/USD Bitcoin is respecting the 200MA on the 4H time-frame as the price bounces off 2x. The area where the 200MA coincides with previous resistance and it is now looking to be new support in the short-term. If BTC can hold these current levels for the next 24-48hrs. We may see a temporary bounce up to 9.9k regions where the downward trend-line resistance is...
BTC/USD BTC suddenly dumps over 9% after filling up the gap on CME futures. But manages to bounce a little at 200MA and downward slopping trend-line support. There is now a new strong resistance at 10.3k and it is BTC 1st Lower High after breaking to new Lower Low. There still hope for Bitcoin in a shorter timeframe but will have to take a lot of work to be done....
Short-term action for BTC remains bullish as long as 9600s support holds.