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Cme!

29.07.2020 - Bitcoin - CME futures Hi Traders! After many weeks of nothing happening, the ices finally broke last week and Bitcoin made a decision and went up. We are currently balancing at $ 11,000. Today, however, I wouldn't like to do a traditional analysis of Bitcoin, but I would like to point out one fundamental thing that isn't much discussed. CME futures is a US stock exchange where Bitcoin is traded. As this is a classic stock exchange, it is common for its gates to be closed over the weekend. However, as you know, cryptocurrencies are also traded over the weekend. If Bitcoin price on the crypto exchanges moves more significantly over the weekend, the CME futures exchange with a "gap" will open on Monday morning. The GAP gives us a price "gap". Why is this important? GAP on CME futures mostly acts like a magnet and in the end it can attract the price. This usually happens in two cases: 1. The GAP shall be completed on the given week of its opening. That would mean we're going under $ 10,000 again this week. 2. The GAP is filled in only after the completion of a certain cycle on Bitcoin. It can be a week, but even a month. CME futures GAPs act as a magnet for the price and in the vast majority they get used to pulling it back. Will it be the same now? May the crypto be with you!
CME:BTC1!
by DolleroTechnology
1
LONG - BTC - Target 11,800 and moreAfter finally breaking the big resistance of 10500, BTC it’s on the way to 11,800. But first, that level needs to be retested so we can confirm that trend is up, I’ve seen a couple of indicators that say Btc will go down to 10500 and then heading to 11k’s. My plan is to long with 3 different layers that will get me an avg entry of 10578 with a stop loss at 10299 which I think makes it a nice r/r trade. Layers: 10692 / 10592 / 10452 Avg Entry: 10578 SL: 10299 Targets: 11769 / 12559 / 13272 / 13873 * Not financial advice *
BITMEX:BTCUSD.PLong
by O_dot
BTC-CME: Small retrace and move to 12KHello, We have Daily CME chart here, We saw BTC broke from the Ascending triangle pattern and reached the measured move target perfectly. Only thing was this target still fell just a bit short than where we have long unfulfilled gap on CME. For today and on next coming days, I am expecting BTC to put in some small retrace (Note: I am not expecting deeper retracement in BTC for now) and head back to the 12K target which will also get that gap filled and hit areas of strong resistance. We also have to see confirmation of the HL on daily chart so this retrace could be the most bullish thing to happen. The chart pattern I published few weeks back has worked as I was expecting, It gave you perfect targets for take profit and got you long entry from 9250. You will find more info on it on the below chart. Hope you find this info helpful. Happy and safe trading... Chao...
CME:BTC1!Long
by ammypatt1987
3
Bitcoin: Absolutely CRITICAL CME Gap Analysis 1D (Jul. 27)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a like In this analysis, we refer to the CME Bitcoin Futures chart to assess the possible bullish and bearish probabilities, as well as significant support and resistance zones. Analysis - To begin with, we can first notice that Bitcoin has broken out of the descending trend line resistance - This adds weight to a significantly bullish case, as it provides confirmation for the consolidation being over - We can also notice two major gaps on the chart, that haven't been filled. - The first gap is at 11.8K, near the 0.786 Fibonacci retracement resistance level - The second gap is at 9.8k, near the 0.618 Fibonacci retracement resistance level - We are currently having difficulties breaking through resistance, as the 0.618 has been tested multiple times over the past few months Market Sentiment: Long short ratios are at 73 to 27, with significantly more long positions than shorts, indicating a strongly bullish market sentiment. What We Believe We believe that despite the gap at 9.8k, more weight is added to a bullish scenario, as we have broken out of major trend line resistance, and the psychological resistance at 10k as well. Let us know what you think in the comment section below Trade Safe.
CME:BTC1!
by XForceGlobal
4
EURUSD may decline | H4 overviewHello Traders! It is possible that wave (b) of {ii} was completed in the form of a barrier triangle. Wave (b) rolled back wave (a) by 0.382. I think that the wave (c) of {ii} has now begun to develop. Since two diagonals in one zigzag are rare, I expect to see a wave (c) as a impulse. I have two goals derived from the ratio: (c) = (a), (c) = 0.618 (a). You can see them on the chart. If the price goes up and crosses 1.1281, then I will switch to an alternative calculation of waves with the continuation of the development of wave (b), or the idea in which the second wave takes the form of a sideways correction.
CME:6E1!Short
by Dzinsai
BTC1!: CME TD 9 Bear Trap Buy SignalCautious shorting the current 4hr candle on BTCUSD, currently looking at a bear trap on the CME futures chart with a TD buy signal on the 4hr. Bears are also failing to move price strength into oversold conditions, signalling signs of bearish exhaustion, as CMF returns to positive. S&P is finding support (for now) from the 200 Day MA that could confirm with a candle close by end of day. Remaining cautious, could turn bullish. Might as well fill the little weekend gap at $9,175 - $9,220 that's closeby before falling lower at least. Courtesy of Tone Vays TI Indicator: tonevays.com Inverse Head & Shoulders Fracta - Deadcat to $9.4K? A few possible scenarios:
CME:BTC1!Long
by dragononcrypto
The Euro will growKey Levels: 1.0671, 1.1502 It is possible that the second wave ended at 1.0671. Also, the second wave rolled back the first wave by 0.786. We see that the price rested on the upper border of the corrective channel and for several weeks can not break it. Breaking through this channel will confirm the idea of unfolding the wave {3} or {C}. I think that the Euro is now developing a wave (1) of {3}. If this is the case, then we have a great opportunity to make a profit.
CME:6E1!Long
by Dzinsai
Bitcoin Ramping up for 7.7k retest. Many Bearish Signs!!! Hello guys. Bitcoin has displayed many bearish signs. Firstly Bitcoin has broken out of its daily Ascending triangle downwards. This means that it will likely hit a target of 7.8k (Green zone). Bitcoin has also closed below the Daily EMA ribbon. Every time this happens it indicates that the daily trend has ended, And that we are about to go much lower. We are able to see this in previous history(Highlited by Green circles). Its likely that Bitcoin might retest the EMA ribbon. This might be a good place to place a short position if you havent already. Remember guys there is a CME gap at 7.7k Historically these fill, So Bitcoin might go back down to this zone to fill it. On the weekly time frame there is a Bearish RSI divergence and a Bearish Engulfing candle. We are able to see this here: These two signs indicate a reversal in the trend on the weekly time frame.
BITSTAMP:BTCUSDShort
by JayT121