Cmebitcoin
BTC1! CME Bitcoin Futures - GapToday is Monday and as you can see - CME Bitcoin futures created this GAP. Based on history, we have 100% chance, that the gap will be fully or partially filled. There should be a lot of buyers at the horizontal resistance of the triangle. This trade is only a short term quick trade, so there is nothing to be worry about. I expect a pullback to 11 000 - 11 200 USD.
I am not saying we will fill the gap immediately. But it happens rather sooner than later.
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BTC1! FUTUROS DE BITCOIN CME - GAPBuenos días!
*Esta idea a través de Tradingview no es sinónimo para entrar posiciones en corto* primero debemos hacerle un seguimiento a la debilidad en la tendencia actual.... para un retroceso fuerte como lo vemos en el patrón de barras proyectado. no debería superar el máximo anterior $12.635. Para empezar a caer con fuerza en primera instancia, rellenar GAP, ubicado entre los ($9.665 - $9.925). una vez alli un rebote de gato muerto y seguir la tendencia bajista. finales 2020 e inicios 2021
Graphique du cours du BTC trader a ChicagoSalut a tous, n'étant pas H24 devant les charts, et également ne parcourant pas toutes les unités de temps a chaque fois.
Ce graphique représente le cours du BTC du CME en unité de temps hebdomadaire.
La dernière cloture en toupie posée sur la trend ligne mensuel attrapant les points les plus haut depuis le sommet historique, pullback propre après la cassure de cette trendline mensuel je le rappel. Cependant la dernière bougie n’étant pas clôturée, tenons la a l’œil
On constate également le role de la chikou qui a exactement rencontrée resistance sous la trendline.
Actuellement, la zone du point haut de février est travaillé, plus haut post krach covid et ca chute de 60%.
A suivre...
Sur ce portez vous bien.
Look Out Below ! CME/BTC1! #cmefutures #bitcoin #CME $BTCWell after that Bitcoin dump the other day many are speculating " How low can this go ? " Well there is still a CME BTC futures gap below us on the daily CME BTC1! chart . Can you see above where I have placed the purple arrows on the chart ? That is the gap right there . It's between 9925 - and - 9670 and so we do need to go down there and fill this gap at some point . This gap has been there since late July but since Bitcoin has already gone below 10k today it is highly speculated that we will go down to mid 9k region at least to fill this futures gap . Possibly we go a bit lower too . Will it happen this weekend ? No , because the CME Futures are closed on weekends and Monday September 7th is a holiday in the USA and banks are closed so probably it has to wait until at least Tuesday .
I still expect BTC to hit 14k this year , possibly more , but it seems like we will fill this gap first before we continue on up .
Have a great weekend !
BTC (Y20.P4.E5).Macro.Next movesHi All,
I have been looking at what is likely to happen next with BTC price action and I thought this time, I start it off with the BTC CME chart (FUTURES chart) this time.
OBSERVATIONS and THOUGHTS:
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NOTE: many of the things outlined here were mentioned or shared in my previous posts and now I believe its confirmation to it.
There is also other developments that need to be considered or factored into the equation, eg US dollar index.
> As I stated in the past, I had a major pullback happening around to this level, and I was somewhat near it, but what ever it was we would then acknowledge it as wave 5 complete and the ABC correction is taking place.
> The ABC correction will take us below 10K for the last time for a long time, this will happen on this current wave, as per my chart and post below.
The below post is still valid as to what I see happening at the macro level (and its charts extracted from it).
> Now we have a bounce target here which is ranging from 10850 to 11200, but this is conditioned based along with the USD and SP500\and Gold.
> I see impulse C near the apex of the ascending triangle we had a month ago (rangeing from 9k to 10.5k) were we spent months in it. Hence why its a strong support area one would think.
Using the volume tool, I have this range as per the chart. Anything below this, will make the MACRO chart bearish and then its likely we can visit 7k to 8k. At this point, I see this less likely but who knows. I would need to see the daily and weekly indicators to make a judge then.
> For now the CME gap was not filled and its likely it will with B to C impulse.
> Many of the DEFI alts will likely drop to the same level as now if this happens, making it a double bottom and for those that bounced well, a fib higher.
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Now some factors that can influence the stock market and BTC.
> USD pricing, hence the chart below. To summarise, if the USD rallies up, its likely that the stock market and crypto will drop more than expected. If its long term rally.
If it drops more, its good news for the stock market and crypto.
> I'm a follower of Alessio and he says the following: hence I agree with him and a few others who share the same thoughts. As per the chart, its my idea although people could have similar or alike.
Alessio tweets
#Bitcoin has been following our script exactly! Back in June I called for a move higher from 9K to 12K (in the Summer), then a DROP back BELOW 10K by September-October, and then finally a move significantly higher as we start the new year (2021). OHH YEAAH! CHICKA CHIKA!
The stock market has been the BEST predictor of #USElections . Right now, it's likely bad news for our current President, as the market is down over 5% in Sept. Remember that a >5% drop in the months of Sept-Oct in a RECESSION is statistically a negative sign for the incumbent.
Two weeks ago I told you that IF the stock markets drop by 5% or more in the 2 months before the #USElections , specially during a RECESSION, then it is usually BAD news for the incumbent President. Examples are: 2008, 2000, 1992, 1980 etc. Therefore... (Part 1/2)
Please give me a like or tick for this post;
Cheers,
S.Sari
My key levels
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PREVIOUS POSTS
Within this post I had this chart, and I'm still of this mind
Then this as the overall picture
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USD PRICE INDEX
YESTERDAYs on the SP500
Bitcoin Price Action vs the CME GapThe reason I started looking into this is because I was wondering if there could be a scenario where the price of bitcoin could stay relatively close to $10k but the CME price when it opens on Sunday gaps down passed the price of bitcoin filling the gap from July then bounce back up to near the current price of BTC. The CME bitcoin futures price closed today at $10,620 so if
The upper chart simply shows the CME gap which formed from the close on July 24th to the open on July 26th and has yet to be filled. The bottom chart shows what the price of bitcoin did during the hours that the CME was closed causing the CME to respond with a gap.
I was curious how close the CME price came to the bitcoin spot price when it gaped, I was looking for any over shoot. Looking at the data it looks like the CME price gaped very close to the spot price with little if any over shoot.
It is possible that the price of bitcoin over the weekend could rise instead of dropping back to or under $10k. As close as the price is to the gap right now I feel pretty strongly that the price of BTC is more likely to drop so that the gap can be filled rather then take off higher from here leaving the gap unfilled.
BTCUSD Retest of long term trendline.BTCUSD 4H. I think a retest of the long term trendline recently broken and the filling of the CME gap would 'kill two birds' with one stone. I also believe we will engage further bullish upwards momentum within the channel picked out with the blue trend lines the base of which is marked 'A'. If BTC follows this path it will for me look to be a far stronger overall structure. I'm short in the short term!
BTC/USD: Parabolic rise must cool downIt's true that bull markets can take you by surprise and be irrational for longer than you expect. But it's also true that parabolas don't last forever.
This rise to 11.4k was parabolic. Bitcoin got more overbought on the daily, by my own calculations, than at any time since April 2019. The last time it hit these levels before that was Oct 2017, and only for one day each time.
So (it seems to me) one of two things must happen, on a daily timescale:
1. A retrace to some kind of support level, like the local ones highlighted in green on the chart, or at least the 0.382 or (much) better the 0.5/0.618 Fib retracements, and then continuation. I just don't think the quick touch of 10575 is enough. I could be wrong.
2. A sideways corrective pattern for a few days, like a flag but not necessarily that obvious, during which we get a daily oversold signal (probably just one) on my Price Action Trend | Simple indicator.
I'm totally bullish on Bitcoin and will long the heck out of either of these two when they occur.
Let's not forget there's also the CME gap, highlighted in yellow on the chart. Note that while I believe it's overwhelmingly likely that this will fill on the BTC1! chart, a spike down there wouldn't necessarily match the price on other exchanges, so you can't translate the exact levels.
Finally, since everyone and his dog are now bullish, we can't rule out a good old-fashioned stop-hunt.
#notadvice
Trade safe, everyone.
Bitcoin weekly analysis COINBASE:BTCUSD price just below an important resistance on the weekly time frame.
Even though, i wouldn't be surprised of a large wick attempting to break decisively the 12k, and even finding support above; it's likely, that eventually, we will come back to the 9k-10k area, where we find confluence of a couple of trend lines and the 25 july CME futures unfilled gap.
Wouln't be surprised neither, of a retest of the weekly pivot point.
BTC-USD: Bitcoin BTD mode on, bulls take the wheel.Hello Everyone,
Today I would like to focus on BTC large TF charts as we just got another monthly and weekly CME close.
This is going to be a very bullish post as charts do not show many strong bearish signs for now.
Only one bearish ‘kind of’ sign I see is from the CME chart:
Here we clearly see that CME have now closed the oldest and only Gap down we had since Aug 2019. IMO, this can be considered as a small bearish sign as, we can make an argument that bears allowed BTC to rise so that this gap will be closed and then bears will take over and dump BTC. This argument is also supported by the fact that CME have big gap at around 9600 (Which will be filled eventually).
www.tradingview.com
Now coming to 3 most important bullish signs:
First major sign comes from the July close on BTC: Here we see BTC now have confirmed HH on monthly TF, hence from here onwards BTC is in BTD mode (By The Dip) (at least for me).
In addition to this PA structure we also have Shepherd indicator with confirmed buy/long signals on weekly and monthly TFs (these are very powerful long-term signals).
The BTC 2020 forecast post I published in January has been working perfectly and have called all the important Lows and Highs till now including the low in March drop and current highs. Do check it out below.
If you like to have regular updates on BTC and Alts then do consider joining my free discord channel with link below.
Happy and safe trading…
Chao…
**FYI Note**: Many people are calling for BTC reversal rite now only due to the CME gap at 9600, but it is not necessary to fill the gaps immediately. Gap up simply means the bull trend is strong. You **should not** start shorting any asset just because you see the gaps, that is not the correct way to understand and play the gaps.
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...
Bitcoin: Absolutely CRITICAL CME Gap Analysis 1D (Jul. 27)X Force Global Analysis:
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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.
BTC! - Small CME Gap is still in playThere's a small unclosed cme gap between $9250 - $9180. It doesn't mean we immediately should rise up, but it needs to be considered when evaluating your risk (>90% of gaps closed).
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
BTC-USD: Bullish CME chart pattern.Good Morning @everyone;
Today 17 June 2020,
BTC once again continues to be in a sideways trading range from 9500-9260.
There are some interesting chart patterns forming which I would like to highlight here,
1) Low TF Descending triangle:
Here we have BTC 1hr chart and we can clearly make out a descending triangle pattern, this pattern is forming just below the weekly SR level which has been holding BTC down really well. The measured move from this pattern can put BTC to 9250-9210 area which aligns perfectly with previous support and resistance area. We also have Shepherd 1hr sell signal to further this low TF bearish pattern.
2) Daily TF Ascending triangle:
Here we have Daily CME chart which is creating this perfect ascending triangle, I really like this pattern and putting more weight on it as, ascending triangle chart pattern is a continuation pattern and on CME chart we can clearly make out a nice up trend since March 20. Another interesting fact is, this pattern is forming rite below a significant resistance zone, which is also a very promising sign.
What are the measured move targets?
The chances of this pattern breaking down are low, but even if that happen then it could put CME to 8000-7800 area which is a historical support zone and could provide a nice buying opportunity.
However, I am leaning more towards a bullish break and if we plot bullish measured move from this pattern then break to upside could put CME @11500-11600 area, which coincides with one last remaining gap down on the CME chart.
I am also leaning more towards bullish break as we see CME Daily chart in a very nice posture, yesterday we saw CME confirm open and close above the Daily 21EMA, and as far as today’s action goes, we see perfect re-test of 21EMA and bounce from it. Only sign which remains to confirm is spot BTC chart, it is still lagging and moving very slowly, but as soon as we see confirm close above 21EMA BTC should be good to go to.
With most TA posts there are few things which can negate this views and one key thing is break back below 21EMA on daily.
Happy and safe trading…
Chao…
BTC-USD: Should Bulls worry or not yet ?Hello everyone;
Today 15 June 2020,
Firstly, I would like to Thank TradingView team for featuring my last TA post in the weekly digest. I have put the link to that post below if you guys want to check it out.
To explain that post in brief, I had mentioned that CME have support at 9560 which bulls should hold. If this support fails then we could see the SR flip and down ward continuation. I was leaning towards the break below as we also had very nice *Shepherd* sell signal on Daily TF. Based on this simple TA, I and some on my discord members managed to short 9485 level and we are still holding that short.
Now to start with the TA, First I would like to clear my Daily bias; which is Neutral/Bearish.
My reasons are;
1) BTC broke below Daily 21EMA (yellow line): On BTC spot price we now have 3 consecutive Daily candles open and close below, this is a clear bearish sign. This 21EMA acted as support for very long time and now it is been used as a resistance.
2) The reason why I am still not fully bearish is, on the Daily TF BTC still have nice HL structure intact and as long as it holds above 8627 level I will keep my bearish bias reserved.
3) CME: The CME Daily chart is also keeping me from turning full bear just yet. We saw CME broke below the 21EMA on 11 June but on next day 12 June it climbed back above it and closed above. Today’s daily did open below this key MA but for confirmation I would like to see it close below. Once we have this confirmation I will change my bias to short-term bear.
**What are the targets I am watching? **
As I mentioned above once I see CME confirmation I become short-term bearish, this is due to the fact that BTC have plenty of support below. On the CME chart we can see clear support levels @8825 and @8600 both this levels also line up perfectly with 55EMA and 89EMA respectively. We also still have the Daily EMA Golden cross in full swing providing good entries for bulls.
On the weekly RSI, we did saw RSI (Aqua line) getting rejection from the trend line (yellow line) I had mentioned in my last update. And now we see RSI approaching the EMA (white line), which can provide support and possible bounce. However, if we see RSI break below this EMA then BTC might see some lower numbers such as lower range from 8000-7500.
I hope you find this info useful.
Happy and safe trading…
Chao…
BTC-USD: Cautionary signs for bulls from the CME chart.Hello Guys,
Today 5 June 2020,
I saw some cautionary signs for bulls from the CME chart which I want to share here.
Quick Note: I am not bearish on BTC as long as it is holding above the 21EMA Daily.
1) Weekly RSI pattern:
On the weekly CME RSI chart I saw a trend line which has been acting as a support/resistance for almost a year now. At present we see consolidation just below this trend line, if we see break above it will be a phenomenal buy opportunity or another rejection from this trend line could send BTC back to 7-8K zones. So do keep eye on this line.
2) Daily Shepherd:
On the daily shepherd chart we see early signs of a massive sell signal, these daily signals are very powerful and usually give multi 1000$ moves (I have highlighted last 2 of such signals). To see the confirmation of this signal we still have to wait for couple days.
3) Daily Fibs:
Looking at the daily PA chart we see multiple rejections from the 0.382 Fib level, if we see another confirm rejection then next significant support is at 0.5 Fib @8645 which could put BTC @84xx level. After the break of 0.5 Fib my most important target is the Golden pocket of 0.618-0.65 Fib which is @7340-7000 zone, if CME gets there it will be another nice buy opportunity on BTC.
4) Daily key levels:
These 2 levels will help us know which way this chart could go, on the upper-side if we see break above 10010$ on CME then we could see BTC make push all the way to 11400$. On the other hand if we see break below 9560$ then the targets which I mentioned above becomes active, 8600$ at 0.5 Fib being the first key level.
I hope you find this info useful.
Happy and safe trading…
Chao…
Bitcoin Futures - CME Group - Triangle Pattern - Elliott Wave
So you think that the BITCOIN move is insane right? "Trip to Moon" ?
Everything goes according to plan. I hope that this tops out finish soon.
Technically speaking, we are not done with the CME GAP yet. This is an important point, just saying! CAUTION!
GAP 1 - $6210
GAP 2 - $7595
GAP 3 - $10225
GAP 4 - $11945
#BTC #BITCOIN #CMEGROUP #HALVING
3RD TARGET AT 9.5K CONFIRMED BEFORE THAN EXPECTED!WE CONFIRMED THE 2ND TARGET AT 9.5K AND ALMOST REACHED THE 3RD AT 10K!!!
ASTONISHED BY THE SUPRISING POWER OF THIS SHORT (I WONDER IF MID AS WELL) TERM BULL TREND!
CME FUTURES GREAT REFFERENCE!!!
Please Guys! Let me know your opinions! Don't hesitate to comment! than you so much!!
LOVE AND GOOD LUCK!!
ENJOY!!
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