ETH LONG TO 2022 !! both year and priceHello traders
long time no see
as you know, all of the crypto markets are bullish now, but the key factor is that we need to see the fundamentals.
ETH listing in CME is a big move that no one can deny
grayscale buying ETH too
so I definitely will put some in the basket and hold till the end of 2021 or, who knows, maybe 2022
technicals are smooth and reliable to enter.
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What is your opinion? Comment below.
If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too.
Goodluck.
Cme!
Ethereum ST (February 1st 2021)Ethereum/USD (February 1st 2021 through March 2021)
Low: $1,302
High: $3,302
Wanted to come up on another update for Ethereum before the big Chicago Mercantile Exchange futures launches on February 8th.
I think 5 important short term future levels to watch for could be $1,570, $1,901, $2,436, and $2,971-$3,302. I specifically want to see bearish reactions off of those levels, the 1.27 could be important too but maybe not as important as these other fibonacci levels.
I think with the introduction of CME futures for Ethereum, price could get extremely volatile. It may get a glorious pump but it may end in terrible devastation too. Bitcoin's CME futures launch was January 13th 2020, and Bitcoin managed to pump up to mid-February before it took another month to crash. But at that time, things were fundamentally different and Bitcoin had already been in a months-long major downtrend. Ethereum could still be in a major uptrend but if this crash I've been theorizing about comes, it could be far worse than March 2020.
There could be some decent volatility this week before it really starts pumping, but when it gets going it will probably be insane. If a real crash happens after, we could see prices back under $600 for sure. This will be very unpopular, but in my opinion, Ethereum could go back under $100 by the time the bear is done. For now, the market euphoria may only increase more and more.
The red box is my predicted range for Cindicator forecasting this week.
Related ideas attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
All of this volatility has to be good for someoneCME should benefit form the increase trading volume in stocks and options. The stock has had a huge decent but it looks like it could be reversing here after breaking the regression line at support. Rate of change also remains positive and its a decent risk/reward setup
CME visuals (2nd possible scenario) Patience pays off (BTC)$32,500 is the area of interest right now.
If we break back above $32,500 on (spot) it's likely we get another push up towards ($36,140) which is likely where we get the 3rd validation point on the downtrend as well as the retest from the broken trend line (bearish retest) which if we get a rejection will send us back below $32,500 (s/r flip) from either support to resistance or as of right now (it's still resistance).
This is just an alternative scenario on the CME charts and won't even have a clear visual on this until tomorrow night/Monday.
99% of CME gaps get filled sooner or later (fact), the question is when?
We've clearly been in a downtrend since the ATH at $42,000, and until we break above that downtrend the trend is your friend and that is currently bearish not bullish even if we break $32,500, and $34,000. We'd have to break above $36,140 on a 4 hour, 6 hour, or daily close in order for me to flip bullish again.
Plan your trade and trade your plan.
YouTube channel coming soon!
Enjoy your weekend, I'll be watching the McGregor fight cheering on the irish fighter.
Please get this technical analysis to 30+ likes to unlock tomorrow's/monday's TA 👍
Ethereum about to blow off towards $2,760 Short-termHello All,
Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates.
This is a simple chart to show that since our last chart about Ethereum not having closed a Weekly candle below $580 was spot on along the parabolic fractal I had published back then (see idea on tradingview below):
Currently, as we near the ATH I see the next prominent short-term target as being at $2,700-2,760 with a $100+- margin of error which is the textbook target of the long-term bull reversal rounding bottom pattern shown on the chart.
The long-term final target of the Ethereum Megabull has also been revised to $28,000-31,500 roughly which I will publish soon. Stay turned and hit the Like and Follow button!
Happy trading!
Carl M.
5 bearish CME GAPSI wanted to point out there are 5 bearish CME gaps on the Bitcoin chart. These gaps are located around $23360, $18355, $9680, $7580 & $3570.
My opinion about this is that $23360, $18355,$9680 and MAYBE $7580 get filled. This is still possible and BTC could continuing keeping its uptrend on bigger timeframe.
If BTC breaks this uptrend, it will likely go even lower than the $ 3570 bearish gap.
CME BTC Futures - The Story of the Gap Fill Fake OutHere is some fun Chart Art
While everyone has their eyes glued to that CME Gap and believing it will hold for support..
Smart Money understands Market Maker Mentality and can see a few square ups.
Do you know what a square up is? But do you REALLLLYYY know..?
Bitcoin where will we DROP?If you are trading Bitcoin or took our Sell Signal we must look at when to start buying back into the market or for Short position targets. CME future gaps are usually filled. The first one which was the most likely to be filled was 29-33K which was already filled (First green box)
The second box will likely be filled 26-24K
The final a bit less likely but still can happen! Is 19-18K
If you are trading Bitcoin or want to make the most of your investment YOU MUST FOLLOW CME FUTURES GAPS!
Thank you!
Will the next mini CME gap also take 1 year to fill?After the little sell-off today we formed a mini gap around 40k. It is crazy to think that this will get filled one day but there is still a chance in the future.
The last mini gap took 1 year to fill. But if you look at the chart, it looks more like we've been busy for a year filling the gaps below us.
Time will tell but right now it is the time to cash in. Prices like this will not show up often.
Happy trading
Focus on $ETH when media focuses on $BTC
Factors to consider.
- Next to run up after BTC? Everyone's focusing on Bitcoin.
- ETH no attention yet.
- Still below All-time highs. Nearing weekly base. Extended on the daily like all other cryptos, but a better R/R than others.
- Digital oil
- Institutional allocation
- CME to launch futures on 8th Feb 2021.
- Grayscale ETH $ETHE
#Bitcoins CME Futures Gaps Yet To FillMake Sure You Take Your Profits!
Holders Give Their Profits to Traders!
A study found that CME gaps have a 95% of being filled. Historically, every gap has eventually been filled over time. There is generally only a few open at a time, and when they are open, it can indicate the next direction of Bitcoin.
💠Keep #ContemplatingCrypto
💠Join The Crypto Collective💠
#BTC #Bitcoin AnalysisSince the beginning of the year, we have seen Bitcoin far exceed the resistance of $ 30,000, something that was unlikely. Over the past few weeks several resistances have been broken, and following the same path, the same has happened in this one. This is due to the entry of different institutions taking advantage of the low volume and volatility of the weekends.
Analyzing the CME futures chart for Bitcoin, GAPs do not stop happening, in the image it is shown, the largest being the one that is being created now. Tomorrow's Monday opening will mark the final value for this GAP.
In addition, in all the charts analyzed with candles of 1H, 4H, 1D and 1W, Bitcoin is overbought. For the 1-week chart that we have been following in the channel for a long time, a break has been made at a major resistance point near $ 33,000. This break has yet to be confirmed, but we see likely that Bitcoin added to all factors may laterize at this point (as we see in 1H candles) showing great indeterminacy, with a rejection at the $ 30,000 support zone, pushing the price back.
The future of Bitcoin looks bullish on the price action, but the indicators mark an imminent correction. Do not rush to open your operations. Mark the probability of your addresses at the entrance and do not follow them, do not rush to drag the loss, with large movements in Bitcoin you must always stay safe, be smart and control your risk.
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:
SHORT TERM BEARISH -It's all the CME's FAULT!Hola. Happy Hump Day Traders.
We have a CME Futures last trade deadline COMIN IN HOT -with the SETTLEMENT date on the 28th.
In remarkable similarity, bitcoin appears to be in a VERY similar position to last month, where BTC saw its FIRST significant correction since the start of this parabolic run on 06 OCTOBER between the NOVEMBER FINAL TRADE and SETTLEMENT dates.
Historically, BTC does see price correction at the end of each month due to the CME SETTLEMENT date, but is NOT always the case.
There is STILL an OPEN CME GAP from $19.015K down to $18.15K, however -I'm not convinced this will get filled.
However, I am expecting some DOWNSIDE action as BTC needs to cool off AND it would be A VERY HEALTHY SIGN if BTC were to go down to CONFIRM NEW SUPPORT at $20K -ish.
Also, a GREAT RE ENTRY OPPORTUNITY.
I have BUY orders from $20670 all the way down to $18150 -would be a pretty damn AMAZING xmas gift from Bitcoin Santa.
Happy HOlidays. AyyyeE
-JNY
16.12.2020 impulse - breaking through the level of 19650.. Hello dear traders.
Congratulations to everyone who carefully read my trading ideas, who followed the levels closely and what I wrote, namely:
Level 19650 on 2h TF.
(If there is an impulsive breakout and squeak on this timeframe, it is definitely a long position until the update is 20,000 and 20,500.
Trading idea
___For those who do not know which position to open ... BTC / USDT ____
"You can open a long position only if the price breaks out on the impulse and fixes there, at the 4th LEVEL TF - 19550.
Only then long position to update 19950-20275-20500 "
to be honest, I expected an impulse today - December 16, but I am more inclined to fall, and very much hoped that this would happen.
But this impulse, this impulse, and the trade above the 19650 level simply did not give me any other way out but to enter a long position and make such a recommendation in my free channel.
Our long opened at this price level 19750
with targets 19950 - 20275 - 20590 and 21000.
So far, 3 targets have been achieved.
We also have another open position at x25 (it was very risky, but just wow. This is my first time using futures trading)
The purchase was at the price - 19780.
target: 20250-20500-20150-21580.
Where i have this targets - do you ask these values from? I will answer, Fibo grid, counter-trend, and margin calculation, (as well as a grid of interest income - impulse price movements.) (You may see how often, sometimes in a few dollars, the price reaches my targets ) For these two positions - we have a stop loss at 20100. Yesterday's short, give to me 220 points/$ as well as the previous position - brought in a total of only 500 points of profit, and were closed by stop loss without no losses.
He boasted - that's enough)))) Now about trade.
None of the traders will now tell where the price will go. No levels, no formations. And you need to wait for confirmation for all TFs, as well as for indicators.
But judging by the chart, and the fact that we are above 20500, the trade for more than 4 hours, as well as the correction from the level of 20865, suggests that we have two strong levels
Here FLAT is possible to accumulate or distribute positions.
Going beyond these boundaries will give us an indication of where the price will go
if the breakdown on the pulse is higher at 4h TF
the price will be brought to such values as 21000-21500-21950
...
If the breakdown of the price level 20500 - and the trade, with creaking (return to 20500)
It gave us the opportunity to talk about the return of the price to such values as:
20275 - 20050 - 19850 -19200
Why such goals?
Because the margin of the price of bitcoin is now 1350 pips or $ 1350