Get started

Cme!

Bitcoin needs to complete this last wave down to find bottom!!!BTCUSD is having a time right now, but I've been calling for a bottom sub $6k end of April / early May for months. I've been counting these waves down, and if this last 5 work out as planned that bottom should come in right on time. Also, LOOK OUT FOR APRIL DATES: - US TAX DAY ( APRIL 17th this year ) - BTC CME FUTURES EXPIRATION MARCH 29TH - March 29th expiration had a dip starting on the 25th with a massive push down on the 29th. I would not be surprised if we end in a truncation or a long flat or both. This is me trying to plot out what I'm seeing. Let me know what you think!
COINBASE:BTCUSD
by foulmouthmuggle
Bitcoin - Analysed From Future's Traders ViewIn the above graph, Green Channels show large volume for CME future contracts where Red Channels indicate small volume, the darker the colour, the more intense the volume. As you can see, the early Green Channels signal large volatility hence large price rises where low volume future contracts resulted in significant drops, now later along in March, Contract volumes steadily rose, in which its seems this increase in Fututes volume has taken the volatility out of the market. MACD appears to be tightly entangled within the closing wedge, either this will limit future corrections or force an breakout with the amplitude of the wedge ranges from $6000 - $9000, Latest futures trading data shows net-long traders are converting to shorts although currently longs have just over 2-1 lead, there is rumors longs are coming back into favor yet the trends show differently, as two-three weeks of reversal hint at perpetual shorts. Taking a view of traders and their attitudes, seems to exhibit pressure to force BTC prices low although changes in sentiment suggest a reversal of the BTC downtrend despite the fact traders remain net-long, this could change with current price action as low BTC price mean net-longs are lucrative. We have declining open interest indicating the market is liquidating and could lead to current downward trend coming to an end. This is a contradiction as the overall Futures volume shows we can expect the existing trend to continue rather than reverse. Here is CBOE views on it: “The daily volume has mostly been concentrated in the near-month future and the open interest doesn’t change much from day to day,” said Gary Compton, a spokesperson for the CBOE, to Modern Consensus. “This could indicate that short term or day traders are concentrating on this contract. The farthest-dated contracts haven’t been trading too much" "This shows that asset managers and institutional investors—pension funds, insurance companies, and the like—have switched from being completely short bitcoin to long the Cryptocurrency, at least when ti comes to the futures contract on the Chicago Board Options Exchange (CBOE)" According to the COT report, “Asset manager/institutional” traders required to report to the regulator are now long a total of 220 contracts, worth a little above $1.7 million as of Monday. There are no new short contracts. Just two weeks before, they were short 110 contracts but long no contracts. They are currently long 2,323 BTC contracts and short 953 contracts (for a net of 1,370 contracts). Two weeks ago, they were 2,531 contracts while short 815 (for a net of 1,716). Using commodities index as a base for open interest volume, states Falling Price + Falling Contract Volume + Falling Open Interest represents a market that is Strengthening for an uptrend where the price decline is likely being caused by disgruntled net-long traders liquidating their positions on current price action. The market in this scenario is viewed as in an strong position because the downtrend will end once all the sellers have sold their positions. Another option is Falling Price + Rising Open Interest + Falling Contract Volume is indicative of a weak market downtrend. During the course of the current trend, high and rising volume in Jan, Feb suggests trading activity supported the downward trend and that the trend continuation happened due to increased investors supporting overall downward price movement.
BITFINEX:BTCUSDShort
by CerealTrader
Bitcoin Future's Future (CME Cboe) Futures have had a wide ranging effect on BTC, from the rumor rise in June that CME will release at years end, to the parabolic rise before possible shorting to double dip profit taking, now an overall reduction in volatility similar to that of the commodities futures of Gold, Silver when first introduced way back when. Future's previous effect on the Bitcoin price listed along with future prediction if the same trend was to continue. I could add other indicators to confirm the trend possibility but if this is what future hedges funds do, then this is what they do. By no way comfirmed but interesting nevertheless.
BITFINEX:BTCUSD
by CerealTrader
Bitcoin - The YUGE bubble Some people believe that BTC is overvalued and some believe it's undervalued. The one who considers Bitcoin is overvalued is referring Bitcoin as a bubble but still want to buy it, whereas the one who considers Bitcoin is undervalued because it still has not reached the point of global adoption are the one who speculates the market. Whereas BTC chart is no different than others and every chart is different on each exchange. Honestly, only a strong person with patience can gain "Yuge" profit in the market basically from rumors and news. Obviously, it's all speculation before the market adoption. For cryptocurrency, Twitter is working as the primary source of information while 90% investor really doesn't understand blockchain and probably 30%-50% more or less never invested in stock market. Hopeless romantic : Myth: Macafee will make you rich or otherwise he will cut his crap? Really? Fact: There's no source of legit information, one Tweet from Macafee wouldn't make you rich. Technologically novice : Myth: Ethereum is better than Bitcoin? Fact: UTXO are the currency while Ethereum is a smart contract, both have a different purpose. Blame game : Myth: Futures are manipulating the market. Fact: They are hedging but still BTC contracts not worth more than just the Oil contracts. "That's how the market works" Accept it. The bubble is everywhere, we can't say BTC is in the bubble or cryptocurrency is the bubble. The Blockchain is promising technology but still need to prove itself. For now, let's play the " YUGE" speculation before we get the final product for the generation "Z". J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC) remarked, “It strikes me that we owe it to this generation to respect their enthusiasm about virtual currencies with a thoughtful and balanced response, not a dismissive one.” He did urge, however, that regulators “must crack down hard on those who try to abuse enthusiasm with fraud and manipulation.”
by fk91
CME futures tradings dates on chart.CME future trading launched 15. December 2017. BTC - February 2018 Bitcoin Futures - First Trade Date BTC - March 2018 Bitcoin Futures - First Trade Date BTC - June 2018 Bitcoin Futures - First Trade Date Just to see if CME futures tradings may have some impact on bitcoin price movements. For spectating purpose only! masterthecrypto.com Just a good read on the topic. How to read this chart: 1. Light blue lines are dates where trading positions are opened. ( don't know if they go long or short) 2. Purple lines are where the trading positions end. Example : BTC - May 2018 Bitcoin futures first trade date (26.Feb) = (meaning) Position is opened 26. Feb until May. Correct me if I am wrong and let me know what u think on the topic.
COINBASE:BTCUSD
by Bitpillow
Bitcoin Futures - Volume Analysis Prediction 2/16/2018Hi, friend. This is Bitcoin Futures (CME contract) analysis. I think we must to analyze it, because this instrument plays an important role of bitcoin priceformation on other exchanges. Also, the volumes on the Bitcoin Future is constantly growing and more institutional investors are entering the market. What we see now on BTC Futures? The price has reached important resistance levels - P O C of January contract and the lower level of previous balance (consolidation). If the price breaks out level 10250 and holds above next target will be 11150. On cryptoexchanges it would 11200. But I would rather wait for a rollback to the upper balance level 9100 or support zone (8700-9100). These levels are much better for opening buy positions. Trade recommendation (appropriate for cryptoexhanges): Entry point: 8700-9100 Stop: 8200 Target: 11150 Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
CME:BTCG2018Long
by mooncatcherpro
Gold Future (CME)Double Re-penetration Pattern. Trade setup with Buy Stop position (EP) at 1337.5, Stop Loss (SL) at 1333 and Take Profit (TP) at 1342. Money Management I have 22,800 USD in my portfolio. I can lose 5% of the port which is 1,140 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $22,800 / $3,850 = 5.92 Cons) It is 4.5 Tick from EP to SL, with 1 Con, I will lose 4.5 * $100 = $450 To lose 1,140 USD I need to open 1,140 / 450 = 2.53 Con Then I will put 2 Contract If I win, I will gain (1342 - 1337.5) * $100 * 2 Con = $900
COMEX:GCJ2018Long
by SuppasitWechprasit
Gold Future (CME)Turtle Soup. Trade setup with Buy Stop position (EP) at 1336, Stop Loss (SL) at 1329 and Take Profit (TP) at 1350. Money Management I have 22,800 USD in my portfolio. I can lose 5% of the port which is 1,140 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $22,800 / $3,850 = 5.92 Cons) It is 7 Tick from EP to SL, with 1 Con, I will lose 7 * $100 = $700 To lose 1,140 USD I need to open 1,140 / 700 = 1.62 Con Then I will put 1 Contract If I win, I will gain (1350 - 1336) * $100 * 1 Con = $1,400
COMEX:GCJ2018Long
by SuppasitWechprasit
GOLD FutureGold minor correction for uptrend. Trade setup with Buy Stop position (EP) at 1344, Stop Loss (SL) at 1329 and Take Profit (TP) at 1354. Money Management I have 20,800 USD in my portfolio. I can lose 10% of the port which is 2,080 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $20,800 / $3,850 = 5.40 Cons) It is 15 Tick from EP to SL, with 1 Con, I will lose 15 * $100 = $1,500 To lose 2,080 USD I need to open 2,080 / 1,500 = 1.38 Con Then I will put 1 Contract If I win, I will gain (1354 - 1344) * $100 * 1 Con = $1,000
COMEX:GC1!Long
by SuppasitWechprasit
GCJ2018Absorb Bear trend for Mega Bull trend. Minor correction. Trade setup with Buy Stop position (EP) at 1335, Stop Loss (SL) at 1320 and Take Profit (TP) at 1357. Money Management I have 20,800 USD in my portfolio. I can lose 10% of the port which is 2,080 USD. Position Sizing 1 Tick = $100 1 Contract size need IM = $3,850 (I can open not more than $20,800 / $3,850 = 5.40 Cons) It is 15 Tick from EP to SL, with 1 Con, I will lose 15 * $100 = $1,500 To lose 2,080 USD I need to open 2,080 / 1,500 = 1.38 Con Then I will put 1 Contract If I win, I will gain (1357 - 1335) * $100 * 1 Con = $2,200
COMEX:GCJ2018Long
by SuppasitWechprasit