Cmefutures
BTC-CME Game "Find The Patterns" just for fun...Look thru this BTC CME chart, cleaner than spot charts with no weekend trading...so...
Hints...
Look at Fibs (noted by red arrows)...Golden Pockets at 61.8%-65% Where will the last one take BTC now?
How many " W"'s can you find?
How many "Cup & Handles"
Note the $27K measured move off the Largest "W"
Oh and look at the upward "regression" trend line...BTC just touched to top blue, now where?? Back down to Center Red?
Lesson of the game...BTC will retrace to the Golden Pocket ater "High" is put in...
On spot chart it would be that and the Weekly 21EMA..
Both great price points to Get More BTC
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
Understanding Risk/Reward through Bitcoin's CME Futures GapsIf you like this analysis, please make sure to like the post!
I would also appreciate it if you could leave a comment below with some original insight.
In this post, I will be explaining the concept of the Risk/Reward Ratio, also known as the RRR, and the significance of this idea when it comes to trading.
I will also be explaining how this can be applied to Bitcoin's CME Futures Chart on the daily, in regards to gaps.
Analysis
- To begin with, Bitcoin's CME Futures chart shows a huge gap leading down to 9.6k
- Unfortunately, this gap is yet to be filled.
- Given that 99% of gaps that have been created get filled some time in the future, it's likely that this gap will fill as well
- However, solely approaching the chart from the perspective of gaps has its limitations
- For instance, the gap at 11.4k took almost a year to fill.
- As such, gaps don't provide us with a specified time frame as a reference
- Should we fill the gap right now, and bounce at gap support, that would be a 7% move downwards from the current price
- Should we see a stronger bearish price movement that extends below the price gap, we could see a 15% move downwards based on support levels
- The gap support at 8.8k converges with the descending trend line support on the weekly, as well as the 0.5 Fibonacci retracement support (refer to our previous analysis)
- As such, it's reasonable to conclude that a bearish price movement over 15% is less probable.
- On the bright side, it's also important to note that there are some gaps above the current price, indicating potentiality for bullishness
- There is a wide gap at 10.5k levels, and another one at 11.4k
- Given this information, we can estimate our risk/reward when entering a position at current levels
- Splitting our entries into three different levels, we can:
1. Enter at the current price of 10.2k
2. Dollar Cost Average (DCA) at the 0.382 Fibonacci retracement support at 9.4k
3. Enter at gap support around 8.8k
- This way, we know that our risk is limited, and that the upside remains huge, due to the overall trend being bullish.
- Based on significant support and resistance levels, a trader would then calculate his stop loss target and take profit targets according to his risk appetite.
Conclusion
The trend is your friend. While the short term trend may appear bullish, it could be said that the overall trend for the long term remains bullish. As such, it would be better to look for spot/long entries near support.
Don't predict the market. Take it by levels, and play by probabilities.
- Michael Wang-
BTC1. CME. Mind The Gap!As above so below. I have put the hourly price action neatly into a descending channel. I have seen this interpreted as a falling wedge as well. But, I am looking at wicks too. They often get confirmed insofar as they can broadcast potential channel development. I have an alarm set on trend line A. If this breaks with a nice impulse candle then the upper CME gap will fill. This may provide a long opportunity. But, It's the one below. We have hovered above and foraged within and looking at the development of the daily there is indecision so far. Looking at the Alts I see great areas of untested regions. I just can't shake a bearish sentiment at the moment.
Summary: Ultimately short but an upwards move to fill the upper gap a possibility. Alarm set on that trend line.
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 !
Gap Fill ? BTC/USDT to 118xx ? #Bitcoin #CME #cryptoBitcoin finally rallied back to hit 10k after an extended period of sideways - Btc Dominance chart went lower than most expected but at least the turnaround has started on the Bitcoin tether chart above . What's BTC target ? Well .. I'm just thinking here that there is a CME futures gap up near 118xx and the blue star on my chart as well as the top of that pink and blue regression band is near 118xx . These gaps usually fill . So it will be great to see Bitcoin close above this upper trendline now ! Is Bitcoin actually making a new upper trendline soon ? I've suspected this would happen - and it makes sense . A new upper trendline will extend further in time until completion thereby making true the 'Lenghthening Cycle' theory of Btc that comes from Benjamin Cowen YouTube channel and which I believe is probably the case . You agree ? Let me know !
Absolutely Cherry BTC/USD #gannfan #btc #bitcoin #cryptoThe Gann Fan indicator on Bitcoin's 1 day chart seems to fit quite perfectly. And it's very important to notice that it's been following this Gann Fan line since early 2018 ! That's over 2 and a half years . So we can guess it may keep following this line . I'm not expecting to wick to the top of the Gann yet near 15k . But there's a strong resistance line near 12k , and there's also a CME futures gap near 118xx . I expect we fill that gap , and perhaps wick to 12k . I'd expect some retrace at that point. But let's see . Also it was pretty exciting to see Bitcoin quickly pump over 11k earlier today !
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.
XAGUSD Silver has big demands for CME deliveries. $35 in AUGCME futures over $19 for SEPT contracts
Registered deliveries are UP
Supply is DOWN
HOW?
Silver open interest on the COMEX is exploding.
Data shows that longs are asking for over 69 million ounces of real physical delivery on the July contract.
July 13th data alone shows that an additional 1.1 million ounces of silver were moved from 'eligible' to 'registered' category, the latter of which is used for settlement of contracts.
COMEX data is giving us about the direction of silver prices.
How open interest has exploded in a very small market
How the contracts standing for delivery of 69 million ounces for July dwarf previous data
How JPMorgan (NYSE:JPM) moved over 30 million ounces from 'eligible' to 'registered' at COMEX to meet what appears to be settlement of short positions in real physical metal
How July 13's daily report shows that an additional million ounces, net of market, were moved into the registered category
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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Extremely Bullish BTC Price Expectation after Massive CME GapBTC Has a very bullish price movement ahead of itself after observing a massive CME gap of 15%. The futures contracts from the Chicago Mercantile Exchange (CME) have something special to them; they don't open 24/7.
Gaps occur when the price of BTC moves during the time (the weekend) when CME is closed and other exchanges are open. For example, the Binance futures and Coinbase futures are opened 24/7.
These gaps tend to fill themselves, meaning the price moves into the opposite direction of the gap and continuing trading around the level where the CME futures market stopped.
In my previous gap analysis I showed that indeed 8 out of the 10 gaps were filled within 7 days:
This one of the largest gaps we have observed so far, showing a very bullish price expectation for BTC. Given the fact that the price dropped a lot recently, this might be a great moment to pick up some sats at a discount.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!