Black Friday saleUp to 70% OFF

Cme!

Gold: Strong bullish sentiment in the hobby trader communityLots of big bulls now in the retail community. Bad sign. Here are the areas with buyers: Notice the small fish were net short at the bottom. Pathetic. First they think the "bull market is back" inside of a drawn out distribution pattern. Second they "have strong hands" and "DCA average down" catching falling knives. Third they get wiped out. Fourth they "learn their lesson" and angrilly short the bottom. Fifth they attempt to slit their wrists. And swear they'll never trade again. I am not making this up man. You can see the volumes for yourself. 🤣 The market really has this ability to find anyone breaking point and make them go "I am done. I can't take anymore." Regardless of the price, regarless of any rational consideration. They'll sell at the good support they dreamt of buying 1 year ago and they'll say "I know but I don't care". Alot of people are thinking "the pullbacks will be smaller than you expect you will keep chasing it and not be able to buy" and will chase the price and so same as 2008. It will last forever and go back and forth. Maybe the USD could get strong in the meantime. How many weeks of months it will take I do not know. But the area I am interest in is around 1700. There are virtually no buyers before 1800! And as we have seen both large speculators and hedgers have shown no interest for these prices. Let all the struggling gambling small retail traders that think they are the new George Soros go try and be heros that think they can outsmart the whole market. There probably are noobs getting all excited that think this 1 buy will turn them into Soros or Jim Rogers and they have to rush and cannot afford to miss. Sure, some hedge funds might start finally showing interest from now one, but it will be like a snowball, and they won't start putting their feet in the water just because Berkshire bought a few gold stocks. Not like "don't worry the cavalry is here" and just solo charge head first all alone and save the day. I am not interested in doing business if I do not have numerical superiority on my side. That simple. I choose the day of the battle (well within what the market decides for me). I choose who I fight with. I choose how much I risk. It's all me. We will fight on my terms, where I want, and when I want. And if I say retreat we retreat. Hard to lose that way xd Almost feels like cheating. Absolute strategic superiority. Use all information available and pick your battles. And one last point, just because I think gold will take a big plunge does not mean I am getting all excited and want to short it. Corrections are often noise. I do not conduct business into noise.
TVC:GOLDShort
by MrRenev
12
Have we really broken out?CME Futures chart of Bitcoin, regular scale, on the weekly time frame. If we connect the weekly candle (not the all time high) to the other highs we can see a triangle formation that hasn't broken out yet. We also see the futures gap (orange line) corresponding with the weekly EMA ribbon, which we like to come back to during bull markets (see 2017). I think we will come down and close the gap while bouncing of the EMA ribbon. Lets see how it plays out....
CME:BTC1!Short
by Mamocoin
1
DID THE BEAR MARKET END IN MAY? "buy fear sell greed" - W.BPlease hit that like button if you appreciate all the visuals I've created for you guys here on this daily chart. (spent an hour making this for the community) -Please note all the horizontals on the chart and the price's with correlation. -The check marks represent validation points on the trend-lines. (macro htf) -Don't forget about CME gap, if we hit 12300 I'd expect a retest of 11900 before heading to 14k. -In bull markets we "buy the dip" not "sell the tip" understand? Next chart will be posted in the next week: going to give the market time to do it's thing and fluctuate in the levels that are "priced in". 👍👍👍👍👍👍👍👍👍
BYBIT:BTCUSD.PLong
by Yurlo
1
False Breakout ! July 28, 2020We have seen in the past that BTC has a wild behavior and loves to trap longs and bag holders at high prices with false breakouts ! We are facing a resistance @ $11534 ( August 5th 20219) and 0.618 fib extension sits right around $11950-$12100 level ! The whole world has gone bullish once again and the worst is yet to come ! There is nothing but bad news for the world economy and If you are thinking this market is going to the moon you are wrong ! This is all about liquidation and you will always get cheap prices so you can invest and get liquidated again! Our price Target for bitcoin remains at $6400, $5300 on both daily and weekly chart! It can come now or later ! Be patient and don’t fomo at the top !
BITMEX:BTCUSD.P
by WinXSell
8
Gap Fill ? BTC/USDT to 118xx ? #Bitcoin #CME #cryptoBitcoin finally rallied back to hit 10k after an extended period of sideways - Btc Dominance chart went lower than most expected but at least the turnaround has started on the Bitcoin tether chart above . What's BTC target ? Well .. I'm just thinking here that there is a CME futures gap up near 118xx and the blue star on my chart as well as the top of that pink and blue regression band is near 118xx . These gaps usually fill . So it will be great to see Bitcoin close above this upper trendline now ! Is Bitcoin actually making a new upper trendline soon ? I've suspected this would happen - and it makes sense . A new upper trendline will extend further in time until completion thereby making true the 'Lenghthening Cycle' theory of Btc that comes from Benjamin Cowen YouTube channel and which I believe is probably the case . You agree ? Let me know !
by shimmeringpath
4