Cme!
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
For those who do not know which position to open ... BTC/USDT
Hello dear friends.
In the previous idea:
"W-TOP WHERE THE PRICE WILL GO"
I described with accuracy from which zones it is worth buying and in what range to work.
Now I will describe in more detail:
FLAT range
19015-19305
In order to be even more specific, you can break it down along the extreme peaks (19300 - 19000),
and you need to be extremely careful, because at 2h TF, you MAY make a false breakdown of the level 19450-19500, and from there, lower the price lower. And I will say that this will be of higher priority than entering a long position.
Since we have a CME margin target area.
and 100% of this margin at around - 18250 BTC / $
You can only open a long position if the price breaks out on the impulse and fixes there, at 4h TF LEVEL - 19550.
Only then long position, to update 19950 - 20275 - 20500
Why did I open a short position from 19200 without waiting for the breakdown of the lower boundary of the channel.
Because for me there are many obvious facts that tell me about the decline.
And several people who trade with me wrote messages that from Karl "the moon"
It is about going up, and that many do not agree with me that we will fall.
Perhaps I am not a wang, but I only trade as the market tells me to.
I expect after December 16, a strong and impulsive price decline.
In the meantime, we are flat.
because we have new targets for CME
we have a big gap in price
18100-19150
We have a triple top (maybe not at these marks), but I hope so, and we have
large imbalance in the market.
Market maker levels - strong ranges: 19275-19430.
AND
18400-18275
to gap or not to gapSo, its no secret that performance has been persistent over the last few months. Only up. Keep it up, push it up, buy it up. Think that's the top? wrong, buy it up.
Steam always runs out, there is no such thing as perpetual motion however statistically speaking, we tend to feel as though movement is perpetual during parabolic change. That's why we use logarithmic scaling to sift through the noise.
It seems as though nothing has been stopping us recently, we have had a great climb and nearly kissed 20k. The question is, does the 19.8k we hit become this bullrun's legacy, or shall we continue another push to retest the iconic numbers everyone is so fixated on. 19.8 was already an ATH, so there is the first justification for a top. We are also eyeing the floor of a dirty CME gap that formed over the weekend right below 17k. Typically these fill in their entirety, at least to half of the gap distance. Given the over extended nature of our current level, I would anticipate full gap closure. Selling anything above 18375, and buying anything below 17k. Large offset orders have been placed just south of 14k, 15k, and 16k to utilize any extreme drops to my advantage.
Cheers
CME TARGETS WEEKS /BTCFUTURESRelevant weekly CME targets.
20395-20550
AS WELL AS
17900-17750
With 93% of one of these goals, the price reaches one of them.
You don't need to invent anything - there is a flat (I am working in it now)
For those who do not know how to work in this situation, I write -
Going beyond the border of this channel will show you the way, either update the bottom if the price is below 18500, or top. 19500 - everything between these values - FLAT
By the way, one of my long positions is now at minus 300 points. But I'm not upset, because this is the market.
You see, I look forward to further growth, although I see how everything goes down. Perhaps I became a fan of bitcoin and the number 20,000 is like candy to me.
Bitcoin - looking into the future)))) - part 2⚡️ I am publishing the final expected CME goals for December and in general for the end of 2020)))
🤑 Upper limit: 22887 - 20937
🤑 Lower limit: 15650 - 13700
🔥 These values give a channel for working within a month and with a probability of 87% (<<<<<-----These are statistics for 2 years) they reach one of the boundaries at the end of the month, to a new expiration of contracts.
💡 The nearest December expiration will be: December 24 (Thursday).
📌 Also on December 24, the expiration of the ANNUAL (12-month) contract will take place.
As for my short position - if I see that the price will be above the level of 19280, there will be trades and creeping on the volume, I will open a long with a stop at 18400.
In the meantime, I see a correction
The first target is taken
Stop loss at 19280.
All profitable trades, and profit for you