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Bitcoin Futures

BTC1!: CME TD 9 Bear Trap Buy SignalCautious shorting the current 4hr candle on BTCUSD, currently looking at a bear trap on the CME futures chart with a TD buy signal on the 4hr. Bears are also failing to move price strength into oversold conditions, signalling signs of bearish exhaustion, as CMF returns to positive. S&P is finding support (for now) from the 200 Day MA that could confirm with a candle close by end of day. Remaining cautious, could turn bullish. Might as well fill the little weekend gap at $9,175 - $9,220 that's closeby before falling lower at least. Courtesy of Tone Vays TI Indicator: tonevays.com Inverse Head & Shoulders Fracta - Deadcat to $9.4K? A few possible scenarios:
CME:BTC1!Long
by dragononcrypto
CME Bitcoin (BTC) - June 30 (Beware of Volatility!)Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9200~9255. We need to make sure we can get support at point 9220. You should also check if you can climb above 9470. You need to make sure you can get support at least 9320 points. As it is during the period of volatility, I think that it is necessary to keep the support section and resistance section as wide as possible, and to be able to watch with ease. -------------------------------------------------- ---------------------- ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where the counter is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
CME Bitcoin (BTC) - June 29 (Beware of Volatility!)Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is between 9220 and 9175. It fell below 9180. You need to make sure you can quickly rise above the 9220 point. It is also necessary to check whether the previous gap section, 8785~8915, will be filled. If you fall, you need to make sure you can get support at 8720. Volatility may occur from around June 29 (June 26 to 30). Accordingly, careful trading is necessary. Since it is currently located in section B, I think it is necessary to think about trading to preserve profit and loss. In case of ascent, you must climb at least 9320 points and get support. If you can gain support by rising above 9470, you are likely to touch the downtrend line (3). At this time, I think it is necessary to trade to preserve profit and loss. -------------------------------------------------- ---------------------- ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a response is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
CME Bitcoin (BTC) - June 24Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9660~9755. You should get support at point 9720. In addition, you need to check if you can rise above the downtrend line (4). You should also see if you can ascend along the rising trend line (2). If you fall at the 9720 point, you must get support on the uptrend line (5). Based on the current trend, I believe that the likelihood of volatility increased around June 29th (June 28th~30th) when the upward trend line (2) and downward trend line (4) intersect. -------------------------------------------------- ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where the counter is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
CME Bitcoin (BTC) - June 23Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9585~9725. Since the Open was formed above 9720, it is necessary to check if it is closed above 9720. In addition, you need to check if you can rise above the downtrend line (4). If you get support at points 9720 or higher from July 7-15, I think there is a possibility of volatility. It is also important to rise above the 9720 point, but I think it is more important to rise above the downtrend line (4). If it falls below 9585 points to fill today's gap and is supported at 9470 points around June 30th (June 29th to July 1st), volatility may arise. At this point, the 9470 point is a Stop-Loss point in the short term. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a response is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
CME Bitcoin (BTC) - June 22Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is between 9315 and 9350. You need to make sure you can get support at point 9300. If you fall at the 9300 point, you need to check if you can get support in the 1st fall, 9180~9220. If you rise above 9470, you must get support at 9470. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: Resistance point or section, where the counter is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
1
CME Bitcoin (BTC) - June 19Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9410~9385. We need to see if we can rise above the uptrend lines (2), (3). Also, it is necessary to check if it is falling to fill the previous gap section, 9325~9425. The upside and downside are shown on the chart. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section where purchase is possible to generate profits as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
CME Bitcoin (BTC)-June 18Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9325~9525. We need to make sure that we can rise above 9470 to get support. You should also check if you can rise above the uptrend lines (2) and (3). If you touch the uptrend lines (2), (3), or rise above and receive support at point 9720, you'll expect a good flow. All of this needs to be done within section A to section B, and since the trend is expected to shift, it is necessary to trade to preserve profit and loss. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
CME Bitcoin (BTC) - June 17Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9530~9540. We need to make sure we can rise above the uptrend line (2). Also, if it goes down, you should also make sure you get support at point 9470. There is a possibility of volatility in section A (see start date shown on chart). ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
CME Bitcoin (BTC) - June 16Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9440~9475. Gap section is small, so it is not displayed. Yesterday's gap was between 9465 and 9380. You need to make sure you can get support at point 9470. You should also check if you can rise above the uptrend line (2). Although the uptrend signal was displayed, I think it's a good idea to check today's Close, as the Short position still holds the upper hand. After June 18th (June 17th~19th), you need to check if you can get support at points 9720 or higher. You can touch the 9220 point to reconfirm the support section, so I think you need careful trading. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a response is needed to preserve revenue S-L: Stop-Loss point or section S: A point or section where purchase is possible to generate profits as a support point or section
CME:BTC1!
by readCrypto
CME Bitcoin (BTC) - June 15Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9465~9380. We deviated from the uptrend line (3). We need to make sure we can get support at point 9220. Also, we need to see if we can rise to fill today's gap. The previous gap below today's gap is 9300~9380. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
3
CME gaps and the impact on BTC, long term Bullish, short term?It seems the BTC Futures GAP on CME is playing fun games with us in the short term, with long term optimism still intacts. BTC just closed off the U$9,175 gap, signaling what is to come in the northern summer months. With the summer months in the US financial system a catalyst for softening of the markets combined with recent comments from Raul Paul and the current economic pressures globally, BTC most likely will be impacted. The 47% plunge on March 12th was as a result of the black swan event we are all familiar with, however, that was a pure liquidity issue during the sell-off that created the large negative price action. That was not the final dump. The coming months will see the CME gaps close off in order as shown in the chart. BTC most likely will bottom out at approx U$6,200 on CME, at which stage, it will bounce back and start closing off the balance of the gaps towards U$11,855. For experienced traders, this opens up great leveraged trading opportunities. For new investors, please do your research before trading, especially on any leverage positions.
CME:BTC1!Short
by Sashmajik
1
CME Bitcoin (BTC) - June 12Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9300~9385. On the XBTUSD chart, it looks a bit more depressed. This is because I think that I should be supported by the second 9470 out of 9220, 9470, and 9720 to be in the same position as the XBTUSD chart. (Compare the horizontal spots indicated by sky blue.) We need to make sure we can get support on the uptrend line (2). In addition, support is required at point 9220. What's important in your current position is when it will rise above point 9470. Since the volatility period is over, I think it is possible to trade to preserve profit or loss or to generate new profits. However, I don't think BTC is sideways yet, so I think it is necessary to trade carefully. Since we did not deviate from section A or section B, we believe that both buying and selling are possible. (1D chart) ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
2
CME Bitcoin (BTC) - June 11 (Volatility period June 9~11)Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9935~9945. The gap is small, so it is not displayed. We need to see if it falls below 9805 and fills the previous gap. In addition, it is necessary to check whether the gap will rise above 10200 to fill the previous gap. It is rising along the rising trend line (3). In order to continue this trend, we need to get support above point 10010. If it falls, you need to make sure you can get support at point 9905. This is the last day of the volatility period (June 9-11). It may show more fluctuations, or it may pass quietly. Until today, I think it's a good idea to pause trading and check the BTC price flow. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
CME Bitcoin (BTC)-June 10 (Volatility period June 9-11)Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- Today's gap is 9805~9905. It fell after the Open was formed above the uptrend line (3) and the downtrend line (4). In order to fill the gap, it is necessary to check if the Close is made by falling below 9805. During the volatility period (June 9-11), there may be a lot of fluctuation. Accordingly, we believe that careful trading is necessary. For details, please refer to the previous analysis description. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction. G1: closing price when closed G2: market price when opening
CME:BTC1!
by readCrypto
1