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BTCEUR

ridethepig | BTC for the Yearly Close📌 @ridethepig XBT Market Commentary 19.12.2020 So we have the following picture; the prince slowly approaching his city after slaying the dragon, rescuing the princess and conquering the treasure. All the ministers and advisers are wanting to meet for a hearty breakfast and consider the correct way to balance the rewards. This picture is intended to convey how slowly this is happening despite how fast and decisive it seems at the time. Only the most important characters are present during the impulsive waves: The next moves in BTC are going to get very interesting for trading, a fresh break is not simply to create more space but also via a liquidity trap. So you must take the following to heart; try everything you can to not marry the position for its own sake but also not deny that BTC has rightfully earned its place in the sun! The answer will come from the yearly close. Holding the break up will not be simply something to play with. Here looking for $31,800; $42,600 and $53,400 as magical line targets above for 2021 before a pullback at some point into 2022 as governments become more aggressive. The main blind spots to the BTC thesis come from the political side, for now like hero from the fairy tale; head off happily.
BITMEX:BTCUSD.PLong
by ridethepig
6
btceur top would be if 200% gain happens in less than 40 days.This is not the top. Previous top followed the 250% gain that happen during only 6 weeks. The speed of acceleration is not yet at maximum like it was during the previous rally. There would be a short 2 week -20% pullback soon, around about 38 000 € or c. $45 000. But bigger dip with 40% would be 3 Months later in April. And if real HODLer will hold and survive the -40% they will see biggest 250% gain to prices above 150 000 in May. After that I expect the real long Bear Market for 360 Days like the whole 2018 to prices below 25 000€
Long
by viparmenia
Parabolic advance always ends up crashingWe came up to near $20,000 from the $12,000 breakout of the Cup&Handle pattern, but with a rapid parabolic advance. Whenever prices change too quickly in a short period, it tends to correct hard. Right now we're seeing similar pattern happening across the board, gold is also showing a parabolic roll over. With that said, Bitcoin is still in a bull cycle makes it hard to short. For the moment I'm not engaged in any trade, being patient is also a part of the job. ###NOT FINANCIAL ADVICE###
Short
by JoE
1
Investing in BTCBTC has begun his journey to a 6 figure value asset. We must think to ourselves what is our position in this market. Are we traders or are we investors? Because I see a lot of investors behavin like traders and letting themselves be caught in the trader mentality. We are bombed with youtubers and gurus predicting the tops and bottoms, urging us to sell our positions to reenter at a better price or predicting a bottom so deep that never happens and keeping so many people out of this new gold rush. If you want to invest in btc, behave like an investor. Reduce the noise around you, put your position in (by euro cost average or just buying the hole position, that's up to you), relax and always check the price in a high time frame. Get in the train, the journey has began but we are only in the beginning
by diogo13
btceur bear market will start earlier will end earlierAs earlier the Bear market correcion will start as faster it will end. if bitcoin will continue rising and reach the parallel channel top at 30000 €uro then the following bear market will hold more than 1 year till middle of 2022. Parallel channel to 2019 ATH is broken. Parallel channel to 2018 ATH is close. 25000 €uro ca. 30000 USD is target to sell. But it is very risky now to enter any Markets Brexit deal failed from economic point of view... COVID Mutation is more pandemic and even more deadly... Almost all EU countries entering harder lockdowns in next days .... Vacation will effect earliest end of Summer. I expect an awakening after Christmas holidays are over on 28 December and next week all markets will crush.
by viparmenia
CME Cheat Sheet 2021CME Group Futures Dates: Dec 2020 BTCZ20 16 Dec 2019 > 24 Dec 2020 Settlement: 28 Dec 2020 - Jan 2021 BTCF21 03 Aug 2020 > 29 Jan 2021 Settlement: 01 Feb 2021 - Feb 2021 BTCG21 31 Aug 2020 > 26 Feb 2021 Settlement: 01 Mar 2021 - Mar 2021 BTCH21 28 Sep 2020 > 26 Mar 2021 Settlement: 29 Mar 2021 - Apr 2021 BTCJ21 02 Nov 2020 > 30 Apr 2021 Settlement: 03 May 2021 - May 2021 BTCK21 30 Nov 2020 > 28 May 2021 Settlement: 01 Jun 2021 - Jun 2021 BTCM21 28 Dec 2020 > 25 Jun 2021 Settlement: 28 Jun 2021 - Dec 2021 BTCZ21 30 Dec 2019 > 31 Dec 2021 Settlement: 03 Jan 2022 - Dec 2022 BTCZ22 28 Dec 2020 > 30 Dec 2022 Settlement: 03 Jan 2023 - Source: www.cmegroup.com CME Bitcoin Gaps Study: marketsscience.com CME Futures Info: www.cmegroup.com CME Futures Open Interest Info: www.cmegroup.com Indicator To Track CME Sunday Opens:
CME:BTC1!Education
by The_Paradoxed_Prophet
1
20201221 XBTEUR Short Accumulation Season (Update)So this is a continuation of previous, but since Trading view do not allow to see progress over time with renko, this is the same in Candlestick. I prefer to see it in renko to remove all noise, i recommend you take the habit on doing so as well. As you can see, in Kraken we had a huge pin after 2017 bull run... right when price was falling, its like somebody in kraken bought or everything or a market buy maybe made a glitch... who knows... but since we are back to that pin, as usual over time... Cheers! -CharterX
Short
by CharterX
Elliot Waves Complete Guide | Chapter 2.1 - "Motive Waves"Hello Traders. I hope you enjoyed chapter 1 and studied hard. If you are having a hard time understanding chapter 2, please go back to chapter 1 and study that chapter first. Chapter 2 - Motive Waves: 2.1 Impulse, Leading Diagonal 2.2 Ending Diagonal, Truncation 2.4 Extension, Fifth Wave Extensions ------ 2.1 Impulse, Leading Diagonal: Impulse Wave As previously discussed in chapter 1, 'Motive Waves' are subdivided into five waves. These five waves always move in the same direction of the current trend by degrees. The countertrend of wave 2 never moves beyond the beginning of wave 1 and wave 4 moves never beyond the beginning of wave 3. The impulse wave is one of the most common of wave types. In the impulse, wave 4 never overlaps with the high of wave 1. Waves 1,2,5 are themselves are what is called "motive." Also, wave 3 is NEVER the shortest wave and always an impulse Leading Diagonal The leading diagonal is also considered a motive wave, but not an impulse. It is a subcategory of a motive wave because it also has corrective characteristics. Wave 4 overlaps with the top of wave 1 and can be the wave 1 of an impulse or a Wave A of an ABC correction. It's structure can be seen as: 3-3,3,3,3 or 5,3,5,3,5. For the leading diagonal, wave 4 overlaps with wave 1 and has a smaller retracement than our wave 2 as shown above. It is usually followed by a wave 2 in a motive wave or by a B wave in an ABC correction.
BITSTAMP:BTCUSDEducation
by XForceGlobal
34
20201219 XBTEUR Short Accumulation SeasonHello Everyone, I's been a while since i do not post. They did not let me post when i called the uptrend.. so let's see if now its all ok. So the main idea is on screen. I have been waiting this butterfly for long, i actually thought there would be small downtrend before uptrend but it looks like someone is on a rush. There's evidence on RSI of it. In any case it was beautiful to see this last uptrend period. Hell of a move! So as you see, we now have a bearish butterfly pattern in this market. This pattern it has been used for some time because if you traded well since beginning, it will give you hell of profits.. Same way sometimes whales use the Wyckoff, same way the y use the Bearish Butterfly Pattern. As soon as we touched the 1.27 there was a stop. It is likely that we now enter a new supply area to end this cycle. If you have study charts for big markets in this case im going to call the SOY .. for many years it was bouncing in a big range.. in horizontal before going up. So since btc its still young compare to oldest markets... i would say we could probably see same effect around here.. or like TESLA for instance... it made 2 W's before going rocket. We could see anther W ... bigger... that would make a huge double bottom (made of two smalls each). Remember February to May is coming... Companies will have to present to IRS losses and profits after a pandemic . BTC right now have done almost the same movement of gold. A lot is going under the table and i think people is not seeing it. Inflation effects.. etc. selloffs are around the corner in a lot of major markets next yeat) Anyway.. Im not saying it would start falling right away but pay attention on where are we standing right now. I would start doing profits and accumulating small shorts (this is not trade or financial advice, this are personal ideas... if i were a whale ;) ) Ill share a lot of graphics in the next coming days Trade Safe! Cheers, -CharterX
Short
by CharterX