BITCOIN IS AT A CRUCIAL POINT! CAN WE DO IT BULLS?BTC is at a crucial point right now. We turned Support Into restiance.
But we got a golden cross the other day I have a good feeling. LAST golden cross had a failed break out.. I believe this has to do with El Salvador and whales trying to keep the prices down as they were loading up. ( just a theory! )
Maybe by october or later this month We will be back on track... Maybe tonight :)
Good luck guys! People saying bearish winter. I feel like we will be at 90k By end of november :)
Peace and Love!
Bitcoinfutures
$Bitcoin pushed off from the 200-day MA againBitcoin pushed off from the 200-day MA again and at the moment the price rose to $ 49,900. It separates the first cryptocurrency from a breakout above $ 50k, from where there should be an easy road immediately to $ 60k, according to analysts 😎
I'd like to see continued growth in BTC, but the modest trading volumes and the downtrend in RSI are somewhat confusing. Bulls need to punch
#Bitcoin in the futureWe think this scenario is likely and will happen soon
To find a special place, bitcoin needs to build strong levels for itself at every stage
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This is an analysis for another 6 months
Your own risk
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Bitcoin Breakout from Triangle -25% opportunity! — BTC DOWNHey! Bitcoin price surging down below $30000. I am looking for confirmation on lower timeframes, but from here it is looking solid bearish. Daily closing price will make possible to confirm further downtrend.
Stay positive and patient, cause real beer market not even opened yet.
Daily timeframe update:
Wyckoff prediction
Trading patterns
Elliott waves patterns
Best regards
Artem Shevelev
🐋 Bitcoin Prepare for Buy 04 July 2021 🤨Price of bitcoin sloping in range further. Bitcoin went up today for +2.33%, which is in regular deviation.
Looks like price don’t want escape this price range for some reason. Price stays in tight bound of 37000 and 32000. This zone is not comfortable for trading, but it's creating a lot of opportunities for scalpers and daytraders. Sweet spot for whale feeding.
I am looking forward next days to see another dipping in and pullback towards selling zone.
Further buys will be revealed in upcoming updates.
Don’t underestimate the size of the real whale out there. It might chew everything on its way.
stay safe
Best regards
Artem Shevelev
AXSUSDT > fly.. Great Buy Setup!Hi Friends,
In this analysis, I am sharing about AXS .
Follow proper risk management and the minimum risk to reward ratio should be 3.
I am new to TradingView So, Do support me and share your views in the comment section.
**Trading is all about strategy. All I have done above is Technical Analysis
About Me:
Hi Friends,
I am a Forex trader and cryptocurrency technical analyst. I am passionate about blockchain technology and cryptocurrency and has since been following the market wave. I trade on Crypto, Forex and CFDs
BTCUSD: Bullish Engulfing at its best imo!¡Hola amigos! 😉
if we look at Okex, we could see a strong bullish engulfing in my opinion. Okex has different open and close times than Bitstamp for example. Often looking at the Asian exchange helps because they are earlier.
E VIVA EL HOLDLADOR! 😁
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Let's see what happens.
Happy trading. :-)
BTCINVESTING
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My Post Jun 6, 2021
My Post Apr 18, 2021
My Post Apr 15, 2019 (2 year ago!)
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BitcoinIn the 4H chart BTC price is in a symmetrical triangle and has been tested each side of it three times.
As you see price is approaching to the support level
if we see any downside push at this level we can expect a fall to 33607 or even more around 33000 in the near future.
Otherwise if the price could grow further than 38681 we can expect an upside breakout on the triangle upper side
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What do you think about BTC price?
Feel free to share your ideas in the comment
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Bitcoin Daily MACD & 200ma Positive Cross = LAMBOThe daily MACD is heading towards a positive cross.
200ma (white) is working on positive cross above.
As these two trigger each other (and with futures closing Friday) Lambo Mode is about to activate.
Not financial advice - but it's what I am think'in.
Bitcoin Futures v Spot: A Tale of Two Bities. It was the best of trades, it was the worst of trades. Look, I had to get that one in.
This update is a quick answer to an email received on CME micro bitcoin futures. To trade or not to trade?
Answer: there are pros and cons here.
Some points:
Micros are very algo driven with the May contract currently looking heavy from just one participant stacking bids and offers. Weird. That will change.
Not trading a lot of volume yet. That will change.
Full sized contract (equals 5 bitcoins), with margin close to $100k, is too rich for most.
Micro contract (1/10th of a BTC) is a good entry level size.
Wider bid/ask spreads on all futures contracts compared to spot. It will change should the product develop.
Futures have far lower comms than spot coins.
Commission example: Crossing the spread (buying 1 and selling 1 at market) in the micro burns $6 in price plus say $2 for (expensive) comms round turn. That’s $8 to play a contract size of $4535. That’s in and out.
For spot, Kraken for example charge up to 0.26% to buy or sell at market. Even getting in and out at the same price, would cost $23.58 for the same sized trade as the futures. So three times the fees even when the spread size is covered. Coinbase fees are 0.50%.
Comms from one broker/platform to the next very of course and they vary over time, but that’s an interesting example.
Futures downside: liquidity at this stage, but that will change. It’s a new contract. With futures, you also have to pay monthlies for platform and data. Some brokers offer free basic platforms, but the data still costs. Trading once or twice does not make it worth the bother. Spot platforms and spot data do not seem to draw a monthly (for now, but you watch).
Futures are more for active traders where comms matter. Spot is a better option for long term HODLers. Pros and cons.
Not all points covered here. It’s just a start. The CME Groupo site have some great info on futures.
Please like & follow for more updates and dumb references.
Bitcoin Weekly Timeframe Price Overview 05 May 2021Bitcoin long term trend is highly debatable topic. On the chart I've found quite interesting relation on RSI oscillator - price making big rebound after reaching RSI zone 60-50-47. During whole 2016-2018 bull run price 4-times rebounded upside with RSI in mentioned zone.
At the momement RSI value approaching 60, which means we about to see big rebound upside.
Stay positive and stay out of huge risks.
Bitcoin Price Action Outlook 22 April 2021Hey! Btc shows highly complex correction movement, which is not interesting to trade. ANyway price might open new Buy opportunity for mid-term.
On chart side you can see EW map, using Fib channel and wave-5 target I think best buy opportunity for mid term will be near 50-51K
Pay attention to the Bitcoin Futures premium! What is this?
This chart is offering a look at the behavior of the Bitcoin Futures premium and how it tends to behave. The chart in the top position is a symbol I use to track the premium of the front month futures contract over the Perpetual futures (as a proxy for spot). In this case, the front month contract are the June futures, so the symbol is: FTX:BTC0625-FTX:BTCPERP ...
I'm using the FTX futures, but you can substitute your exchange of choice - just make sure you're comparing two series from the same exchange. The important thing to understand is that the symbol is calculating the difference between the two prices.
Why should I care?
For the uninitiated, futures contracts exist as a tool to hedge risk in any given market. Therefore, by paying attention to futures spreads, you can get a more incisive feel for how the market is acting. You can learn if people are willing to pay more (or less) for a product at a future date, and by how much; the utility of this information comes more into focus by comparing it to previous cycles.
During the previous two cycles, the spreads were much tighter. In the March cycle, the spread was testing a maximum of +5% over spot buy for most of it's life was averaging closer to 2-3%. In December it was even smaller, living mostly around +1%. As you can see, the current cycle has oscillated between +5% and +10%, as evidenced by the regression channel. For an even more in-depth comparison, the spread during the 2017 bull market peaked out at about +10% as well, so we're in a similar environment now. What I'm finding interesting today is that the spread is threatening to close the session outside of the channel and even went negative over night!
That's nice, but what can I do about it?
Trade it! I've had a fair amount of success trading the spread outright over the past year by going buying one contract and selling the other in accordance with the price action. This can be a bit ungainly though because the spreads tend to move fast and you have to leg out of the trades because the order execution on most of the platforms isn't up to par. There are pro's and con's to consider... trading the spread is a great way to put on high probability trades with minimal margin risk, but expect to experience frustrating amounts of slippage.
The other thing you can do is use it as a directional indicator. The chart at the bottom shows how the futures premium leads price spot price time and again. I haven't found a way to reliably forecast the magnitude of what the corresponding move in spot will be, but the spread tends to oscillate around the price. When it gets too high, the spread contracts. Selling in the futures then leads to selling in spot, and vice-versa. Just be advised that we're in an extremely extended market environment. Spreads can and will go negative, so needless to say, there's a lot more risk to the downside.
Bitcoin CME Futures Gap (Speculation) CME Futures is one of the biggest bitcoin futures group.
Over the past years we tend to see when there is a gap in the chart, over 90% of the time we always fill this gap.
The gap is caused by price volatility mainly on the weekends when CME futures is closed.
The areas marked with a box show these gaps getting filled.
I would not be surprised if we saw sudden wicks and test the $55,000 area to fill this gap.
Bitcoin Price Action Outlook 26 February 2021Looking for the price action in the range of 52K and 42K during next month.
IF price will go below 42k, we going to see lower levels:
Fib map
Current range and btc price is too risky for long-term holders who wants to enter market now... I recommend to trade with reduced risk size during next months.
Stay safe
Best regards
Artem Shevelev