Cme!
BTC filling the GapsBTC may see a quick dip to 54k to fill the last CME gap before Bulls get the fuel to continue on the run to 70K and beyond.
BTC: decision making...BTC needs to break 57500 and hold it as support for me turn to bullish; a rejection creates way for a bearish trend.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
BTC CME Gap at 60.3k!Here's a quick look at BTC CME 4 hr Chart. As we can see, we have unfilled CME gaps at different price ranges. These gaps Tends to get filled very often. Tho there's no specific timeline for when they'll get filled. Right now there's a gap at 54.3k And it makes sense for the market makers to push the price down again to fill the gap as the price is already close to that price range. Also we've now got a gap at 60.3k which obviously mean that the market makers now also needs to push the price back up to 60k to close the gap there.
A gap is a break in the graph of the trading prices of an asset, in this case Bitcoin. So if BTC closed at 8700, then opened the next session at 9400, there would be a 700 point gap in the chart. Some traders believe that gaps will get “filled.” Meaning the asset will go back down, in this example, and “fill the gap.”
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
NZDUSD - SHORT ENTRY PRICE - 0.71490The price has reached the supply zone. Considering only the sale.
NZDUSD - SHORT
ENTRY PRICE - 0.71490
SL - 0.71900
TP - 0.70300
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
CME bitcoin futures history accumulation jump vacancy to be coveCME bitcoin futures history accumulation jump vacancy to be covered
BTC1! CME gaps are memesPrice action on the CME chart is in ascending triangle currently heading to close the gap at 55.2k which corresponds to the support of the ascending triangle.
If ascending triangle support is broke the measured move will send price to 38K which coincidently correspond to a CME gap.
Orange boxes on the chart are closed CME gaps and the blue ones are still open.
BTC - small gap 12.04.2021Just a small gap this Morning.
Lets see how fast it get closed.
Short it, like always
Elon Musk received 1.5 B for Bitcoin advertising on TwitterHi! What's up bro?
I carried out an analysis of Bitcoin futures on CME exchange. Showed the distribution by profile volume and candlestick volume and compared the volumes in the last three months. And suggested when a fall in prices would begin. Happy viewing!
The fall is likely to start in April, and it’ll last for 3 to 4 months. I’m waiting for the BTC bottom in July-August at $10,500-13,000.
And now as to figures. 1 contract on CME = 5 BTC.
How much is it in dollars?
41,000 futures with a cost of 55,000 to 60,000 were distributed. The average price by profile volume is 58,000. Multiplying 41,000 by 5 and then by 58,000. So, the capitalization of CME futures alone is almost $12 billion in April!
P.S. God damn! Supposing that Elon Musk was paid $1.5 billion for ad by advertising BTC, then only for April, the organizers gained X10 in billions of dollars. 🧠
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.
CME gap fill?Could be.
Haven't seen one in quite a long time.
Would make sense considering the record open interest heading into last Friday.
We'll see :)
Bitcoin CME Futures - End of Month Dumping 20% Consistently Price trend data leading up to the last Friday of each month, when the Futures contracts expire. Consistent dumping at the end of each month.
Volume and Open interest of some CME contractsLooking at the numbers helps us figure out what goals to other market participants have? Do they rollover their positions alot? How far do they project themselves?
Do they hold for months of exit after just a few days?
We can see the volume of Oil popping off when the expiry is close as traders, for example terrible ETFS, close and re-open the next month and I am suspecting much of this volume are front running algos taking advantage of these rollovers.
The S&P is looking more like a casino of short term gamblers than ever.
And the EURUSD sees much holding relative to trading, there are no day traders in FX which echoes with the BIS report showing trader's timeframe (almost all retail investors day gamble or "swing" gamble < 7 days but they represent only 5% of the FX market maybe even less).
Other notable futures: Gold with a volume of 185 thousand contracts this Monday, and open interest of 472 thousand split almost evenly between the "front" month (in practice the April contract) and June one.
10 year T Notes have an open interest of 3,780,235 contracts (378 billion usd) I think this is the second highest one.
10 year T Notes options also have an open interest of over 3.5 million.
The total volume is close to 2 million for futures & 500k for options. So about 250 billion USD.
I think the third biggest contract in usd terms is the e-mini S&P 500, with a daily volume typically around 3-3.5 million (> 500 billion usd). The contact volume is about the same it has been for years but the usd value has almost doubled from when the S&P was lurking in the depth at close to 2000 points.
Open interest for the S&P is at 3 million for futures + 500k for options, it's sitting at around the same value as the ADV.
This is the era of day traders...
The largest contract is not even close. Seriously these numbers make my head turn.
It's the Eurodollar (the future that represents the London interbank rate).
The daily volume hoovers around 2 - 2.5 million contracts (I'm guessing around 700 billion usd).
The open interest is eye popping at 25-35 million contracts (Friday it was at 11.8 million futures & 20.9 million options), it's half the GDP of China.
GBPUSD - LONG ENTRY PRICE - 1.38650Re-enter for long trade. Stop level under Demand Zone.
GBPUSD - LONG
ENTRY PRICE - 1.38650
SL - 1.37700
TP - 1.40800
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
CL1- Short The CL1 chart in 2h shows us a strong bearish expectation to reach $ 64 or -2.62% in the coming days by respecting the resistance of $ 66, in addition to having a strong need to go down due to the previous lows formed on March 10
But we must be aware of the possible linear trend that can be formed as the graph shows us
In addition, we can also see that the RSI shows us that the market is in an overbought zone, with an inclination
It is subject to individual responsibility
BTC1! CME weekly candle indicates major change in trendThe CME has formed a weekly bearish engulfing candle if price don't go above this level until Friday's close. A weekly bearish engulfing candle almost always indicates a change of trend downwards. Maybe the CME gaps will be filled as greater than 90% have been historically filled. The few that were not filled like the 3.6k and 9.6k, might have been closed internally by the CME .
Blue boxes are unfilled gaps.
Bitcoin CME futures chart (dates & levels) BTC (Q1 2021)Good morning traders,
As we're going into the weekend I wanted to make a quick post regarding the Bitcoin CME future's chart, dates, and certain key levels within that for Q1 2021.
IF, I was trading based off the future's CME bitcoin chart I'd look for a short term pull back, however this probably won't happen because bitcoin has been crazy lately but that's what the charts say.
"The markets can remain irrational longer than the trader can remain solvent"
These levels are significant levels and as you can tell certain gaps are filled, and most aren't.
I'll post updates to this chart at the end of the weekend and as weeks come.
Please get this technical analysis to +30 likes to unlock Monday's post! 👍
Update 11/02/2021Watching the CME chart, I see 2 patterns.
I think it is unlikely to reach the targets due to the selling pressure BTC keeps getting rejected at but if it broke,
those are some big prices.
Keeping an eye on institutional sentiment
