Cme!
Stock Idea: CME (weekly base on base)Not easy to find base patterns out there but CME is one of them.
On the weekly time frame we have a multi-year base with a head and shoulders formation, followed by a breakout over a 12 week base.
Zooming in on the daily frame there's a few ways to manage the trade if getting long.
- Short term you'd want that 21ema to hold
- Longer term position trade you'd want that 50dma to hold
BTC Closed CME Gap! Rebound Friday?? BTC Closed the CME Gap, didn't break up like Bull Flag Measurements, could the Inverted Cup & Handle be broken? Or a Fractal of Left Side Dip?
Did test middle Bollinger Band, bounced... Now if holds , should test the top side of range at $46.5K... ONLY AND ONLY IF, IF BTC can break the flag north
BTC1! BTC CME dramatic moves at handAt the cusp of violent volatility. Price Action broke out of an ascending triangle previously discussed. The measured move of this ascending triangle is 77.4k.
However a rising wedge has been painted. If price action break up from this rising wedge this will result in a blow off top reaching 110k.
Otherwise, if price respects the rising wedge then it will be a start of a sustained trend down to close the cme gaps like in March 2020.
BTC Bitcoin CME Gap DiscussionHello friends, I am showing you the CME gaps I circled for Bitcoin (BTCUSD) on a 1D linear chart that I was able to spot. The CME gap is the difference between the trading price of a CME bitcoin futures contract when the market closes on Friday and opens on Sunday. The reason I am showing this chart is because though CME gaps are formed, the price tends to get back to that gap and fill it at some point. Since price is near certain prior gaps, there may be a chance the CME gap gets filled.
Not everyone believes in CME gaps, but this is another metric to review when looking at Bitcoin and the crypto markets.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BTCUSDT, Possible price scenariosHello everybody
At first thank you for supporting us, I took many messages from any of you that need help to manage portfolio.
One of the traders that send me messages in yesterday and send me screen of their account, His in 52K loss of money in one of the position in futures,WHY ?
Hey buddies what are you doing ? in 52K loss ? are you kidding ? Do you have any stop loss ? do you have any capital management strategy ? I will help to manage this loss but do not think you can exit and close this ... position without any loss.
Guys please go and learn and practice, market was changed its not market of 2017 its market of doing. In this year many memecoin and many coin will destroy do not buy any shitcoin without any research and ...
If you believe us and you wanna learn Fundamental & technical analysis send us messages in private ---> Our id is in profile
According to the chart and the price and the condition of economy we wanna tell the scenarios that can be happen in markets.
From the fundamental view and on chain analysis of market, you can see the 3rd whale of BTC is buying and holding from the price 45K and until these price is buying more and this is good news for the market because one of the whale is buying in these red markets.
From technical view we broke price action support area and every wave to this zone is pullback to the broken zone and we need to wait until the key point level break and consolidate above of level and then the trend is upwards and we can take long position and buy.
But one of the most important point is these days the markets are not following any of them its just following macroeconomics because of the inflation that is happen in the world and central bank should manage it with rate of profit to control it.
Today is most important for all markets because about 10 hours later we have event of Federal Reserve Rate and it should say whats gonna do with rate of central bank and if they rise it the all markets ready to dump because when the central bank want to give nice profit with nice rate to people s money, there is no reason that the people comes to risky market and invest in it.
But the prediction is they dont want to change the rate in this time and they wanna change and plan it to change in March and later not now.
Dont trade today just wait and see whats the repot of Federal Reserve then you can take decision to buy or sell in market.
If you have any question send us messages in private
Good Luck Buddies
Abtin
Previous analysis :
BTC1! continuation of downward trendThis is the Monday weekly review of BTC1! CME chart. We can see that no gaps were formed over the weekend and that price was rejected by the previous gap. Price is downtrending within the downward channel. The measure move of the previous ascending channel breakdown is 37.5k. There is an open gap at 34.5K that acts as an attractor.
I guessed a path downward. This is just a guess based on supports and resistances. Price action might and usually go all over the place before reaching a target, or it might just nuke straight down.
Bitcoin #CME Unfilled Gaps#Bitcoin #CME
Unfilled Gaps
There are some unfilled gapes in $BTC that can be filled via down trend 🐻
#BTC price can increase to fill the gap between $5545 and $49265, then with an unexpected drop go for filling the $41185 and $39955, then more drop to fill gap between $33405 and 22860. 🐻🐻