21min $BTC chart pattern objective...... matches the CME meme gap at 35180.
Could it be a sign?
Fibo
Cme!
Reaching last 2017 peak VS 2020 Halving0. The above chart was made in view of the possibility that the four-year cycles of BTC is likely to change to three-year when BTC reaches the 2017 peak before 2020 Halving. If you look at the main chart, you can easily understand. Therefore, the explanation is omitted. This article is not for sell or buy. If you liked this idea, please, 'Thumbs up', 'Follow', 'Comment'~^^
< 2014 ~ 2017 > F1( 11488% ), A1( 87% ), B1( 43% ), C1( 54% ), D1( 66% ), E1( 1606% )
< 2018 ~ 2020 > F2( 2430% / 10359% ), A2( 71% ), B2( 38% ), C2( 57% ), D2( 69% ), E2( 305% / 1580% )
1. the comparison of indicator : 50MA, 100MA, 200MA
2. Current Coin Market Status
- Coin Market Cap : $ 325 Billion
- Bitcoin Dominance : 62.2%
- Volume by National Currencies : USD( 74.8% ), JPY( 14.7.0% ), KRW( 5.8% )
3. The Comparison of Coin Market Cap
- Coin Market Cap : $ 325 billion
- Stock Market Cap around the world : $ 50 trillion / 0.68%
- Korean Stock Market Cap : $ 1760 billion / about 18.5%
- Samsung Electronics Cap : $ 230 billoion < Coin Market Cap
4. Futures Expiration date
- CME : On the last Friday of every month at 4 pm
- CB0E : X
5. Korean Premium
- BTC(3.5%), ETH(3.5%), XRP(3.5%), *** GTO(28.0%), STORM(7.5%), GNT(5.5%)
6. Other Long-Term BTC Forecasts
- A similarity with the 2015 bottom &Influence of halving
- The rising curve by pattern
- A similarity with the 2015 double bottom
Bitcoin CME Futures Market view | 30k$ -> 36k$ -> 25k$ | BTCUsing CME Futures Bitcoin chart, we can see how gaps worked perfectly in the past.
CME Gap for those who don't know, is the difference between the trading price of Bitcoin futures contracts when the market opens on Sunday and when it closes on Friday.
Bitcoin tends to move to these gaps like a magnet most of the time.
Also I applied trend following indicator on the chart which helps us better predict what movements we can expect in the market in the near future.
There are still 2 days till futures market closes but I don't personally think Bitcoin will rally up above 35.000$ and not create a gap.
Plan is simple. Bounce to ~36k$ -> 25k$.
Stay safe
OK, LET HAVE SOME SERIOUS TALK TOGETHERHi
on CME chart we have two GAP's
1: $24600 - $26200
2: $34500 - $35200
BTC has really strong support at $29k - $30k
which one you think touch sooner???
please share your opinion in comments :)
All Eyes Should Be on DXYall eyes should be on $DXY 👀
possible $BTC cycle bottom getting closer as #DXY approaches fib & top of trend?
...or a DXY breakout & #BTC to test 28-32k or even 24k to fill the BTC #CME gap?
Watching DXY reaction at 100.5 & 102-103 if it pushes higher
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
Bitcoin Dealers/Intermediaries Massive shorts (CME) Explained Everyone wondering about the Dealers and Intermediaries adding massive shorts on the 29th of March.
We can explain this from the very overbought Price Action as well as it being the end of Q1.
This push accomplished the Q2 Open under the Q1
Filling CME Gap at 45K- Bearish for BITCOIN for whileThe Bitcoin CME gap, also called the “CME gap” for short, is the difference between the trading price of Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday. Unlike cryptocurrencies, traditional assets do not trade 24/7 around the clock. Most traditional exchanges follow normal working hours and close on holidays, and the CME is no exception to this!
While you can trade on Binance for example at any given time, the CME Bitcoin futures trading opens from Sunday evening until Friday evening (Central Time). From Friday to Sunday, the Bitcoin CME futures price is “fixed”, while Bitcoin’s price continues to move up (or down) on cryptocurrency spot exchanges. When the CME futures re-open, futures contracts catch up with spot prices, creating a gap!
Bitcoin CME gaps have often been known to “fill” .
Previously and normally all CME gaps has been filled, check CME gaps before in the graph. Now in March 28, we have a gap in 45K $ area and we saw a valid bearish divergence in 1hr TF. This shows that both signals is already confluence and might happen anytime soon to "FILL THE CME GAP". Using the FIB, retracement can be at 0.5 or 0.618 before the bullish trend in higher TF continues.
Please use this as a guide only and make your own Technical Analysis.
BTC - low timeframe Short Squeeze, now retesting Yearly OpenBTC short squeeze to Yearly Open retest
ETH and DXY quick look
Yearly Open retested
CME Gap is STILL in play both above and below current Price Action
Downward impulse confirmed on CME. CMEGoals 229, 222. Invalidation at 255.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Bitcoin CME GAPs (24/26K, 18/19K, 11.2K)Here are the CME GAPs for Bitcoin (BTCUSD).
Thanks @MagicCannon for pointing it out in my previous trade idea.
Notice that the ~$11,200 GAP coincides with the ~84% correction pattern:
Hit LIKE & COMMENT!
Namaste.
CME GAPBTC rallying to fill the CME GAP around 39k zone. if we get rejected again slight below the resistance close to thee CME gap zone, its another opportunity to short BTC. Watch out! #ReNLoG
BTC - Bitcoin - BTC1 - CMEGap - 06.03.2022Current status, there is a micro 30$ gap on Monday morning.
Lets see how fast it get closed again, down are a lot that need to get closed ;)
BTC - Bitcoin - BTC1 - CME Gap - 02.03.2023I think I forgot to make current status .
So here we go after close of upper gap from last week
Looks like great Bart down :)
BTC - Bitcoin - BTC1 - CME Gaps - 28.02.2022Here is the current status on Monday open
We still have. Microgap from last week and a new one from this weekend
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 - Bitcoin - BTC1 - CMEGaps - 21.02.2022Here is the current state of all open CME Gaps.
Lets see how fast we close the upper Gap.
;)
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
BTC - Bitcoin - 4h - Volume DivergenceMy first Idea after going over my green line of my megawedge:
CME Gap is still open on 40935:
So i think we going to close it in next 24h
CME - Breakout to ATHbroke out of inverse head and shoulder pattern...on good volume...room to push 300 in next few days.
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 - 1h - Volumen droppingprice is slowly rising, but volumen is dropping
CME Close was 37700, so even if we go higher, we will see a drop after it
if price is falling down the wedge, we see a pump on monday for retest of the wedge and close the gap, with the pump
