Cme!
BTC CME gap#BTC need to fill the CME gap , thn will go up, Spot holder you are safe , Future trader you are going to liquidate. BTC will fill this gap soon or later but . BTC will goin back to 54K to 53k area . stay safe and enjoy. BTC will drop 5% more . spot holder hold your position and future trader Allah apke mad karai.
Thanks .
90% of CME gaps have filled in the past! | #Bitcoin #CMEHello Padawans,
According to the past, 90% of CME gaps have filled at least by a spike.
Okay what is a CME gap?
The gap is the difference between the closing and opening trading prices of a CME bitcoin futures contract on Friday and Sunday. There are no trades between Friday's closing session and Sunday's starting period, resulting in the gap. The gap can also exist while the CME is closed for the holidays.
hope you all got an idea.
I hope it will never get filled if we can directly go to 6 digits Bitcoin.
let's see what will happen next.
Cheers
May the force be with you.
AMC CME Gap's + Price Target of 51.55-51.69When it comes to CME's, common talk is price will re-trace to the gap at one point in time ( Can be sooner or later ). On this chart you'll see the various CME's in AMC but the most significant ones relative to recent price action are 2 CME's
51.55 - 51.69 (#2) 14 Cent Gap
&
38.88 - 38.14 (#1) 74 Cent Gap (Empty box near MA's)
Market open Monday should retrace us to the previous gap mentioned as #1
These CME's are based on Daily t.f. Charts and a couple including the ones mentioned above were fine tuned on 1 hour for accuracy more importantly the 2 above are significant due tp their resistance at these points. This chart is only showing CME's and will continue to track them on a weekly basis here.
Food for thought on options traders,
The squeeze is more likely to happen if you buy the stock and hold rather than trading the option. Put or Call. Doesn't matter
We need a SOLID floor.
Happy Trading everyone and remember,
Scared money don't make no money!
Bitcoin CME GAP | What happened last night? So there was a CME gap formed between 60k-61k $. CME GAP fill sooner or later. Actually i was waiting for the dip but then there was a small dip my thought was it will not fill but Somehow i managed to put few SL not all so it save my capital So, basically it is meant to dip till 60500$ acc. to CME. lets hope for the best. If you like my idea Than consider Following. Thankyou
BTCUSD: Update, CME is the driving force here...I found the culprit of my confusion regarding the last upswing in $BTCUSD, the spot chart has become unreliable compared to the CME futures chart, at least when it comes to Time@Mode analysis. Finer details of how weekly bar ranges look, impact the analysis outcome. I missed a signal indicating that we could go long, like 4 weeks ago, and given sentiment didn't think it made sense to get a signal targeting new all time highs either. In the CME chart we see a clearly expired monthly trend, and a clean weekly down swing which has panned out. As well as a new weekly upswing currently taking place. I suspect the outcome of regulatory uncertainty will be that price remains sideways/down and price doesn't make new highs for a long time. Regulations won't come into play after 2023, so perhaps a bit before that, the market will move out of this sideways state. It is unclear when we will have more clarity regarding the final decision in the infrastructure bill, but market participants will be monitoring it closely.
I think my main long term view is correct, that a long term trend ended, and now we either go sideways or down for a similar amount of time as previous bear markets, roughly until April 2022, this is also in line with expectations from monthly T@M signals in the CME chart here presented. As for the daily and weekly uptrend, there is a big resistance cluster above, and a weekly level that should hold, around 50k. I don't think price can jump over that barrier easily.
Daily trend expires by Friday, weekly expires in two more Fridays after. Let's keep an eye on developments here, I anticipate this market will be driven by institutional portfolio managers rebalancing, which likely will contribute to price being stuck in a sideways range until there is regulatory clarity in the future. This will also help sentiment cool down, as it is I can't fathom price going into a steady uptrend and reaching 80-100k or whatever.
I hope you feel as relieved as me, after figuring out this puzzle. Take it easy, we will have a ton of time to analyze and think about this market's trend. Price won't deviate far, specially not up, I am pretty sure of that now. Even more so than before.
We can trade the daily signals as they form, up and down, but definitely don't fomo in and buy all in and expect unreasonable moves (same can be said for shorting, trade small or don't trade).
Cheers,
Ivan Labrie.
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!
Copper bit of a bear marketHello, I see copper is in a bear market and a leg down could happen.
Not going to provide a full in depth analysis.
Here is a quick overview of this industrial commodity.
Here is the 30Y chart compared to gold you should notice a few things:
Copper could drop to 3.5-3.85.
3.85 is an extension of 1, 3.5 or 1.618.
Those extensions are really very common.
Gold bear market extended to 1.618 (for now):
Copper, assuming this is a bear market, is no stranger to 1.618:
The price extends 1 to 2 all the time.
Sometimes it does more than "correct" it makes a whole downtrend.
But it rarely does so (ever) without big retracements first.
The old saying goes "don't trade corrections".
Here this is something that repeats itself often so...
And in the short term there are nice enough trends.
I think trade corrections, but only if you are skilled.
Newbies that struggle in 3 year straight line trends...
Well of course they best stay away.
As long as you have strong hands but don't overstay either,
it should work out in the long run.
The inflation trade is sleeping. Ah lumber has dropped so much.
Too many people noticed it so they cut half the planet's trees.
It dropped so much. And it had gone up so much.
So much actually, that gamblers got caught up in lumber ponzis.
I don't see the US going hyperinflation or even 15% a year.
But people could buy commodities. In the short - medium term.
Better something that returns 0 rather than say a -8% return.
Disclaimer: I am long Soybeans and short Copper.
To look for in the following days (to my knowledge):
- China plans to release the state supply
- China plans to monitor (translation: manipulate) the market
- The US plans to "monitor" their economy (FED easing)
- China industry has shown signs of slowing down
Remember China buys half of the world Copper production (I think).
China had bad numbers in particular their industrial production dropped hard.
And As George Soros said, Housing Sector aïe aïe aïe.
Since they learned, to their surprise (somehow) they had a 1 child policy,
well there is no need for houses now is there? China doesn't take migrants either.
And the rural exodus has slowed down.
Economy contracts, demand goes down. Whole world contracts.
China and the EU follow Japan. The US follows the EU.
No reason for copper to go up. Supply is big an growing.
Demand has no reason to grow.
Only reason for the price to go up is inflation.
For now the USD goes up as silly as it seems.
Boomers worldwide all want to be safe.
Safe with the greatest ponzi scheme in history.