Cme!
Remainder of 2019 Corn Price ActionThis is how 2019 is going to play out.
I can't believe how well this fractal lines up with the trendlines and the CME Gaps.
Both gaps at $8494 and $7175 will be filled by mid-September.
Sideway movement will follow until late January/early February.
Launch sequence to the moon will have begun by Mid-February.
Bitcoin // Possible Adam + Eve Hello,
Beginning with the 1D chart on CME we can see the birth of Adam and Eve taking place. At the same time we can see a shooting star ready to be confirmed. This points to the possibility of printing a handle for A+E. Also a cross between the 8D MA and 21D MA is about to occur.
Below it, we find a gap. Although I believe we shouldn't wait for a gap to be filled, we can find support near it if we get a short-term dip. Or break in and fill it. A daily close below the gap can null the pattern and a triple bottom can occur, although I don't expect that to be the case. If Adam and Eve gets invalidated, a bounce at the bottom of the bull flag is highly possible.
Above it, we can confirm the pattern and continue the run above the bull flag to a target of $13,900 and beyond.
- B
12hr:
4hr:
"Corn: going down as expected" by ThinkingAntsOkDaily Chart Explanation:
- Price bounced on the Major Resistance Zone and started the down move.
- It reached our first target for the bear move at the Middle Support Zone (4.00).
- Now, it has potential to move down towards our second target at the Support Zone (3.395).
- We are looking for sell setups on lower timeframes.
Check our our Weekly Vision. Updates coming soon!
Weekly Vision:
#BITCOIN has broken the TRENDLINE. #BTC $BTCBitcoin has broken the TRENDLINE today that we have since the beginning of the run up.
I think over the comming month we can see a correction to the boxes below.
Targets are:
$8500 & $7400 : In this range we have CME gaps that needs to fill. If the gaps are filled is there a possibility that we can see slowly grind up again. Also a box for a retest of previous tops and downs. Or we are on a way to test lower.
DONT FORGET. Halvening minus 300 days away. Be happy that Bitcoin is getting cheaper. In the future you are not getting this chances to get so cheap BTC!!!
Another target
$6200 & $5800: This region is a way way back. That is for sure. But its not bad to retest that region because we are pumped through it with no test back. It will also be very great for alts that
bitcoin needs to cooldown. ALTS up for grinding new money and them BOOM fresh money for buying BITCOIN. So be positive about dumps guys.
EVERY SATOSHI is a investment for the future that can make you RICH ( or not :P )
Goodluck!
This idea wil be up to date
Will Bitcoin hit its target CME gap at 11.9k or 8.6k this week?Hello again my friends, from my previous post utilizing minimalist graphing approach, I declared that if BTC does not close its MA 50, and MA 100 gap we can be heading down into another bear market recline to test the 8,600 level. This seems to be occurring now as the head and shoulder patterns in the 4H Time frame are beginning to close. Now nothing is guaranteed as BTC is still above it's $10k value which shows that we still have a lot of people investing in this range. Since my original investment 2 weeks ago was at $11.3k I am still holding for the market to hopefully correct its self and reach the $11.9k CME gap prior to dwindling down to $8.6k level. As for my recommendation at this level for buyers who came in at the $10.5k stop losses have to be placed near $9.6k and lower as earlier stop losses will just end up getting you kicked out of the market as the price travels from stop loss to stop loss. Now with the history showing us that this can very well be a start of the bear market and alt season, I pass the question to you guys to hear your suggestions and ideas. What do you think will happen, does BTC still have a strong week ahead to recover pass its $11.2K bear support and go up to $11.9k to close its gap or do you guys think the price will fulfill its head and shoulder pattern back to $9.6k and then from there breach that level to go down to $8.6k?
Also please keep in mind that when trading you have to utilize your own thoughts and ideas prior to making market decisions, and is not recommended to fully trade of someone else's logic.
Thanks and I hope to hear your incite.
Victor
Bitcoin // CME open window // Possible double bottomHello,
Looking at the daily chart for BTC, the price has broken below 10k. In my previous analysis, I had $10220 - $10000 as a short term buy day trading range, which was a nice couple of days of trading up to 11k. Now that we have broken below it, we can begin looking at the ranges for a nice Long position.
On July 2nd, 2019 Bitcoin printed a bullish hammer near $9700. I doubt we will bounce off this price if we continue dipping, but I am keeping it in mind in any case. The next important price I am looking at is $9000. On June 18th, 2019 Bitcoin bounced from $9000 to $13800-ish. It is here that we also see a similar bounce on July 17th, 2019.
Many are speculating that we must close an open window (close the gap) in the CME Futures chart. That window is between $8985 & $8515. However, the prices on CME trade at a higher/lower premium more often than not. So finding a good spot price on the exchange you use is important.
Which brings me to the point of this idea. For the next couple of days, the bottom of the bull flag we are currently in is nearly exact to the bounce on June 18th & July 17th. If we are to dip near this range, we will be printing a bullish double bottom, in a bullish flag, near the upward trendline, near the open CME window. It is my belief, through TA, that a good spot price is at $8985 - $9100. Even IF we dip to $8515 as a spot, it is still a fairly good & safe entry point because nonetheless, we are going to the moon.
Please comment and like, thank you. May the force be with you.
- B
#BTC # 4H #CMEPrice pushed away from the border _ indicated by a blue rectangle.
Goal up to $ 11,000 - $ 11,300.
By the way: STEP beyond STEP overlap gaps, which I wrote about earlier (t.me/igorporokh1/864)
Let me remind you: Bakkt will start testing its platform on July 22 (t.me/igorporokh1/920)
When do we go to overlap the lower gap? It's a question of time. At present, the gap between the top $ 11,500 - $ 12,400, the expiration of CME futures contracts - $ 12,550
bullish pennant on CME BTC futures, impending breakoutCME's front month Bitcoin Futures are poised for a bullish breakout and steep positive movement. After a downtrend, the futures have consolidated and started to form a pennant shape, which indicates that there will be a breakout and then a substantial up-move. The pennant has been formed with a series of retested resistance on top of the candles and sequential tests of the lower support. Pennants are particularly poignant technical analyses for the BTC, as they are more suited to shorter time intervals, like this examination. The impending breakout will occur near the apex of the triangle, but usually in pennant patterns the apex is not reached because the breakout occurs often right before the apex would be reached. After the breakout from the "flat topped cone" the bullish movement is expected to be potent.
2 gaps on cme chart prompt valid concern for a correction I think we sill have another leg or 2 to break up but these gaps on the CME are alarming....mainly because traditional stock charts tend to always fill these gaps eventually and looking left on this chart we can see that any gaps in the past on this futures chart have indeed ben filled shortly thereafter. While I don't believe filling the gaps is an absolute, it has a high enough probability that I wouldn't be surprised if after one more leg up on bitcoin, we may see the long overdue 31-41% correction that has ye o come his bull run, a drop from the 12k range of 31% would dip us down to right around that area. Of course there's always a chance the gap isn't filled although far lower probability on that one. Something to keep an eye on regardless.