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Cmefutures

BIG MOVE COMING TOMORROW for BTC!!A ton of confluence in this idea. Looking at BITCOIN making 1 of 3 choices tomorrow: 1. Pumping up towards $8650 staying up there for the day and maintaining the price level for a day or so as retail FOMO's in, then coming back down to A) previous low to form a double bottom (YELLOW CURVE) 2. Pump up to $8650 quickly to cover the CME gap, then head right back down to continue forming a (possible) double bottom. 3. Dump straight down and continue into forming pt2 of the DOUBLE BOTTOM. All of these scenarios will eventually lead to a sub $5K low prior to halving. - Mining difficulty is lowest it has been in 13 years. Historically, this has preceded a NEW LOW. - a new low is expected to be FORCED by institutional miners (THEORY) to force out smaller operations. CME FUTURES EXPIRE ON FRIDAY - NEED(should) (TO) CLOSE $8650 GAP* S&P500 has shown a STRONG correlation to the BTC price. The 4hr S&PChart is currently in a RISING WEDGE (BEARISH REVERSAL PATTERN) that is expected to COMPLETE tomorrow before TRADING CLOSE. MACD, RSI -Look BULLISH in the 4/6hr TF GANN FAN S&R showing strong SUPPORT initially into the START OF TRADING TOMORROW. I expect the BTC price to have a strong pump to the upside when the markets open in the morning, up to AT LEAST $8650. THEN a RETRACE DOWN into forming the top part of the DOUBLE BOTTOM (2ND BOTTOM) STRUCTURE. WILL ANTICIPATE BREAK UP or DOWN inside of GREEN CIRCLE.. What do you think? Am I missing anything?
BYBIT:BTCUSD.P
by BitCapJNY
1
BTC- Volume, derivative, macro... Decoupling finally?For the first time since the corona virus started to ravaging the market in late Feb, BTC's price decouples from that of stock market. Please click like or follow me if you like my post! Really appreciated it. A lot of people think BTC failed its role as the recession-proof safe heaven. What they fail to understand is the true purpose of BTC, which is created to resist the unlawful seizure and confiscation, to avoid the loss of purchasing power typically associated with fiats due to their inflationary nature and to avoid the defunct that comes with the sovereign debt risk. BTC never claimed and nor does it ever try to be the safe-heaven asset during the recession. In order to make that assertion, it needs to be the asset that has the low volatility because investors tend to hold the low-volatility assets during the time of uncertainty. Few Macro list to go through #1. Recession is overdue for the U.S economy and Coronavirus could just be that catalyst that pops the debt bubble. The recession talk is, perhaps, premature, but not unwarranted. All three major stock market indexs' SMA 50 are ready to cross below their SMA 200. On the bright side, SPX and DOW have bullish divergence on the daily timeframe while Nasdaq does not. #2. If you believe the stock market will not fall below S&P's 2017 high, then we are near the bottom. IF you think we will go below 2017 high, then we still have the room to go even lower. #3. Pay attention to this moth's unemployment related indicators, retail metrics, manufacturing-related indexes and housing-related signals. Reports about rising jobless claims along with the potential 20% unemployment figure, if proven true, could further dampen investor's confidence. #4. Market will not fully recover from the coronovirus panic until the exponential growth slows down. Currently, U.S is approaching 10000 cases and the exponential growth does not seem to be slowing down even with the social distancing measure in place. Next week will be critical because spring break is just right around the corner... #5. It was a little disconcerting to see 1.5 trillion stimulus package to have a very little to no impact on the market. However, you can count on president Trump to do everything he can do rescue the freefalling stock market. U.S senate just passed the coronavirus relief bill and a larger aid package is expected to follow. Moreover, ECB just announced the stimulus package as well. The effect of all these measures will be determined once we get the more definitive timeline. #6. Did all the big players get out of their underwater positions in time or are they waiting to sell into the next rally before the market dips even further? If BTC continues to move on its own, then we can ignore everything I said above! If not, the strength of the U.S economy will determine which kind of halving we will see.
BITMEX:BTCUSD.PLong
by Libratus
How to make CME-gap traders happyThe dream of every CME-gap trader: First we well visit CME Future gap #3 which is the youngest in our CME-gap family. After a mid-short bull-bear fight at the daily support/resistance area at 8930 bears will continue to gain strength as new market participants feel for the first time the rollercoaster ride of emotion the volatility of crypto assets causes. Weak hands ether hedge their remaining profits or accept the losses already made as they cut their bags and trades. At this time we reach CME Future gap #3 were smart money flushes the markets and starts buying their bags. After a short visit price will massively gain steam as the last and also eldest, let's call him Granpa CME Future gap #1 comes into play. We will see how this dream will turn out. If you are a CME Future gap trader my prayers are with you, as this play also matches my personal bias. Comments, especially opposing opinions are highly appreciated! Cheers!
CME:BTC1!Short
by EtherMinerLSO
BTC moving down to close CME gap Last week closed with very bullish candle. Same as month. All together that makes Bitcoin ultra bullish on macro scale. But each move up is usually followed by move down, so this week I expect BTC to head towards CME futures gap. Support zones located at these levels: 8900 - 9050 - 9160. Highest is little above CME futures gap, but CME price is different from Bitmex/Bybit and this difference is changing all the time, so there will be no surprise, if Bitcoin will dump lower. Just in case, as it always does. Certainly it won't stop where everyone expect it to stop, as whales need liquidity that comes with panic and fomo. Week chart:
BITMEX:BTCUSD.PShort
by WiseAnalyze
CME Futures Gaps| Structural Resistance| Correction ImminentHello Traders! Today’s chart update will be on the CME Futures chart which has multiple gaps that are yet to be filled, a key indicator that a correction is imminent. Points to consider, - Trend over-extended - Structural Resistance tested - Bollinger band reversion - Stochastics in upper regions - RSI in overbought - Volume currently trading below average BTC’s trend is currently over extended as it hits structural resistance which is in confluence with the up trending resistance line. The Bollinger bands suggest that a reversion is probable as BTC tests the upper extended band. The stochastics is currently in the upper regions, can stay trading here for an extended period of time, however lots of stored momentum to the down side. RSI is currently overbought; a return back to neutral territory is highly likely from current levels. The volume is currently below average – a very key indicator to watch at these levels as an influx of bull volume will send BTC breaking structural resistance. Overall, in my opinion, BTC Futures chart indicates that a correction is imminent as history suggests that these gaps tend to fill sooner rather than later (see charts linked). ***The CME Futures chart should be used with a handful of indicators (do not solely trade of gaps only); the oscillators are quite extended so it is viable to say a correction will come to fruition. What are your thoughts? Please leave a like and comment, And remember, “There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.” ― Yvan Byeajee
CME:BTC1!Short
by The_Alchemist_Trader_
5
Bitcoin Cheat Sheet 2020!!First off, give this a like/follow - let's get this information out to as many people as possible! We can see the 2019's cheat sheets were very critical for the market. 2019 Cheat Sheet 1 - (3 Month Contracts) - 2019 Cheat Sheet 2 - (6 Month Contracts) - Now, 2020's cheat sheet, explained. Index for 2020's Cheat Sheet: First Purple line is CME futures launch date. 18th Dec 2017. From then on, the purple lines in December are the anniversary of it. Clearly it's created a top, and our bottom's so far. First Red line is NYE. From then on, each Red line in Dec/Jan cross over is a new year. Dark Green to Dark Green is Jan 2020 CME contracts duration found on ticker: BTCF20 (First Trade 28th Oct 2019 - Last trade 31st Jan 2020) Settlement date 03 February 2020. Yellow to Yellow is Feb 2020 CME contracts duration found on ticker: BTCG20 (First Trade 2nd Dec 2019 - Last trade 28th Feb 2020) Settlement date 02 March 2020. Orange to Orange is Mar 2020 CME contracts duration found on ticker: BTCH20 (First Trade 30th Sep 2019 - Last trade 27th Mar 2020) Settlement date 30 March 2020. Dark Blue to Dark Blue is Apr 2020 CME contracts duration found on ticker: BTCJ20 (First Trade 16th Dec 2019 - Last trade 24th Apr 2020) Settlement date 27th April 2020. Teal to Teal is May 2020 CME contracts duration found on ticker: BTCK20 (First Trade 16th Dec 2019 - Last trade 29th May 2020) Settlement date 01 June 2020. Green to Green is June 2020 CME contracts duration found on ticker: BTCM20 (First Trade 30th Dec 2019 - Last trade 26th Jun 2020) Settlement date 29th June 2020. Black to Black is July 2020 CME contracts duration found on ticker: BTCN20 (First Trade 3rd Feb 2019 - Last trade 31st Jul 2020) Settlement date 3rd August 2020. Pink to Pink is Dec 2020 CME contracts duration found on ticker: BTCZ20 (First Trade 16th Dec 2019 - Last trade 24th Dec 2020) Settlement date 3rd Jan 2022. Dark Grey shaded area in May is the Bitcoin estimated halving date range. Horizontal Lines are Major Fib's. Gold lines = Golden Ratio (38.2% or 61.8%). Black lines = Fib levels (0.0%, 0.225%, 0.5%, 0.775% and 1.0%). Purple lines = Custom Fib (0.1112% and 0.888%). Trend lines are from major levels of support/resistance from highs and lows of $BTC on $XBT's chart. The point of this chart is to map the effectiveness of these dates. History shows volatility dries up as we get close to them, and gets very volatile shortly after them. I hope this helps you make, or save a few dollars this year!
BITMEX:BTCUSD.P
by The_Paradoxed_Prophet
1
New CME gapChart made a new CME futures gap between 8765 and 8865. This gap will be closed either before the dump, or after the dump is over and price bounce above 8k. I'd prefer to see it untouched until BTC hit 8k, as this will be more bullish and promising. In case price first go up and then down, there will be less "reasons" to come back. Bitmex/Binance has a little different numbers, but close. Zone from 8150 to 8300 represents strongest support for bullish bounce. 8000 obviously can be wicked within that move as well. If bullish bounce scenario won't happen, price may retrace further to 7555 - 7700 zone. That still leaves the big picture positive, while switching BTC into consolidation period that will take longer time to resume and build new uptrend.
CME:BTC1!Short
by WiseAnalyze
1
BTC- Buy on the dip engine activated... Trial modeWill the BTC option launch on CME finally kick off the long-awaited price surge toward the glorious BTC halving? On the fundamental side, all the metrics list in my chart indicate that whales and long-term holders have not moved much of their BTC holdings in a while, a bullish scenario to me because it means we are less likely to see a huge selling pressure if this trend continues. The first hurdle, daily timeframe, is cleared as most technical indicators turne bullish and some indicators suggest a slightly overbought condition, which indicates the potential short-term pullback. No divergence detected which further validates the current trend. However, the lack of volume on the daily timeframe is a little bit concerning though. The ideal scenario for bulls is to end the weekly candle on the high volume above the vertical trendline. I see a lot of confluence around 8450 on the daily timeframe and I expect bulls to defend this lvl. Overall, I believe the successful defense by bulls at 6.5k and 7.7k has turned the tide of the battle and, bulls will continue to have the upper hand as long as BTC stays above 8k.
BITFINEX:BTCUSDLong
by Libratus
BREAKOUT POINTS, $8225 or $7950?? BUSY CHART! (open & expand)LOTS GOING ON, SEVERAL POSSIBILITIES...BREAKOUT POINTS ARE, 8220 AND 7950, THERE ARE 2 SYM TRIANGLES FORMING, BOTH ARE HIGHLIGHTED IN BLUE, ....ZOOM WAY OUT TO SEE THE HUGE ONE IN RED FROM $100 TO $20k (some people are seeing downward trending triangles with a base at the 23.6 fib 7987, which matches up to the 3DAY 89EMA) A WEEKLY CLOSE UP .... ABOVE THE WEEKLY 21EMA, IN LINE WITH THE DAILY 200EMA...CLOSING ABOVE BOTH OF THOSE ...VERY BULLISH! THERE IS STILL OFFICIALLY A $15 GAP AT ABOUT 7685, EXPAND THE CHART, OR ANY CME CHART AND LOOK AT THE WICKS ON THE 4 HOUR, THEY DO NOT OVER-LAP , HAVE TO FILL THAT $15 SOME TIME...ALWAYS HAVE...DON'T KNOW WHY , BUT HISTORY RULES SO FAR... CME's OPEN TONIGHT, A NEW SMALL GAP, ANOTHER, ...A SECOND ONE...MIGHT BE FORMED UP OR DOWN DEPENDING UPON OPENING PRICE,... AND DON'T FORGET THE CME PREMIUM HAS BEEN UP TO $75-90 USD ON BITSTAMP ALL LAST WEEK. IF BTC BREAKS OUT OF SMALL TRIANGLE UPWARD, SOON..., FOLLOW THE RED ARROWS THAT WALK UP THE MOVING AVERAGES AND THE BIG 50FIB (FROM ALL-TIME-HIGH 19880 TO 3125)...THEN UP TO THE DAILY 200SMA 9050-9100 OR CAN...BREAK DOWNWARD TO THE SMALL 50 FIB 7450, ...OF THE LATEST UP-TREND... THEN BOUNCE UP TO THE 32 FIB 7690, THEN DOWN THO THE 61.8-65 GOLDEN POCKET 7200-7150 ,...CLOSE THAT ANNOYING #@$!& $15 GAP(S) BUT STILL A HIGHER LOW, THE MONTHLY 21EMA IS HANGING OUT DOWN THERE TOO...THEN UP TO 9100 TO CREATE ANOTHER HIGHER HIGH...WORKING UP TO A TRUE HIGHER HIGH , BREAKING THE 9500 MARK...GOING UP TO THE BIG 61.8 FIB?? POSSIBLE.... SO...IF BTC DOES BREAK DOWN, ...FOLLOW THE RED ARROWS AND WOULD COMPLETE THE LARGER TRIANGLE, ...FILL ALL GAPS... TEST THE 61.8-65 GOLDEN POCKET AGAIN, ...BEEN DOING THAT A LOT LATELY...AND THEN BREAK OUT UPWARD AT THE RED DOTS=70% FULL, AND HEAD UP TO 9050...AND.....THAT LINES UP WITH THE DAILY 200SMA LOTS OF MOVING AVERAGES CONVERGING RIGHT NOW, SOME SMALLER CROSSING OVER LARGER...BULLISH... AND AS ALWAYS...MY CHART IS BUSY WITH IN-LAID MOVING AVERAGES FROM THE MONTHLY, WEEKLY, 3 DAY, 2 DAY, AND THE DAILY, BUT THIS CURRENT CHART WORKS WELL ON THE 10 HOUR CHART IF BTC IS GOING TO FOLLOW THE SMALLER TRIANGLE THE BREAKOUT SHOULD BE WITHING THE NEXT 1 0R 2.. 10 HOUR CLOSES, SHORTLY AFTER THE CME's AND GBTC MARKETS OPEN TOMORROW NEXT BREAKOUT POINT IS ON JAN 23RD...BIGGER TRIANGLE OH, AND THE 10HR STOCHS JUST STARTED HEADING DOWNWARD AS ALWAYS OPEN AND EXPAND CHART AND ZOOM IN AND OUT THERE IS A LOT OF INFO HIGH-LIGHTED...LEAVE A COMMENT, WOULD LOVE TO HEAR YOUR THOUGHTS AM I CRAZY OR NOT...LOL THANKS!
BITSTAMP:BTCUSDLong
by Chefrusty
Mind The GapBitcoin is showing some promising signs of bullishness after it broke and closed above key resistance of around $7700 which has been under for over six weeks. Before we get too bullish though, many might not have spotted the gap in the CME Futures chart that formed overnight when it stopped trading. Based on history, these gaps tend to get filled, especially on the 4h and certainly on the Daily which is also showing a gap currently. Bitcoin has now been rejected by the 200 Daily EMA (1200 on the 4h). A re-test of the $7650 level would make a lot of technical sense here before continuing its rally, and this is especially true given the gap that has appeared. A reminder to myself and anyone caring to read this - don't chase. Concentrate on making good trades. I will be looking to add to my position on a retrace to the golden pocket. I am not banking on the gap being filled in order to enter, but aware that a continued rally from here without a few % retrace seems unlikely at this time.
CME:BTC1!Long
by mastaplan
New Open CME Futures Gap| BTC Resistance .618 Fibonacci Level Hello traders!, Today’s chart update will be on BTC CME Futures chart which has just put in a new gap that will most probably fill sooner rather than later. Points to consider, - Trend hitting resistance, .618 Fibonacci - .382 Fibonacci is local support - RSI in overbought territory - Stochastics in upper region - EMA’s yet to meet price - Volume below average Local resistance, the .618 Fibonacci; is a key level for BTC to break to maintain a bullish bias, this will help create higher highs in the overall trend. Support is found at the .382 Fibonacci level, below the futures gap, bulls have a lot of room to work with in order to establish a new higher low whilst filling the gap. RSI is resting on overbought territory; a return back to support is highly probable, this will help cool of the indicator. Stochastics itself is also in the upper regions, can stay here for an extended period of time, however lots of stored momentum to the downside. EMA’s are yet to meet price, must hold BTC as support as the EMA’s have already crossed bullish. Volume is below average, an influx of bull volume is needed to keep BTC above support when and if it comes down to fill the open gap. Overall, in my opinion, gaps tend to get filled sooner rather than later. BTC is highly probable to retrace back to at least $7255 level before another impulse move either up and or down. What are your thoughts? Please leave a like and comment, And remember, “Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
CME:BTC1!Short
by The_Alchemist_Trader_
2