Cmegroup
82k Bitcoin is coming!?As you see bitcoin is closely going out of this weekly triangle, BUT...
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1- We know CME gap for bitcoin is around 48k, so it should be filled. after filling we expect a little correction that can be bearish!
2- We know summer's holidays here! so for next week fund providers will start working again and inject money into the market! so far, a little bearish market is predictable!
3- Look at the RSI and SQUEEZE MOMENTUM. In RSI we see a pullback onto the trend line is shaping. In SQUEEZE MOMENTUM at least we need 1 more bearish candle to come. so again a little bearish market!
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NOW, after all these corrections and bounces I expect BTC to break the triangle from above and grow as the size of our triangle that can see around 80k!
God bless
Parabolic curve step like formation on ETH"At the end-point of Base3, indicated by the "X" symbol, the stock could double in the shortest period of time", as we can see ETH did more than 140%.
We are in the last stage of this parabolic move, the upcoming CME Futures on February 8th may be a great "sell the news" opportunity.
*Remember about setting a proper stop-loss appropriately to your position!
CME BTC Futures - The Story of the Gap Fill Fake OutHere is some fun Chart Art
While everyone has their eyes glued to that CME Gap and believing it will hold for support..
Smart Money understands Market Maker Mentality and can see a few square ups.
Do you know what a square up is? But do you REALLLLYYY know..?
BTC! CME Futures - when are going to close the gap?What Is a Gap?
A gap is an area discontinuity in a security's chart where its price either rises or falls from the previous day’s close with no trading occurring in between. Gaps are common when news causes market fundamentals to change during hours when markets are typically closed, for instance an earnings call after-hours.
KEY TAKEAWAYS
-A gap is a discontinuous space in the price chart of an asset or security, often occurring between trading hours.
-There four different types of gaps – Common Gaps, Breakaway Gaps, Runaway Gaps, and Exhaustion Gaps - each with its own signal to traders.
-Gaps are easy to spot, but determining the type of gap is much harder to figure out.
What Does A Gap Tell You?
Gaps typically occur when a piece of news or an event causes a flood of buyers or sellers into the security. It results in the price opening significantly higher or lower than the previous day’s closing price. Depending on the kind of gap, it could indicate either the start of a new trend or a reversal of a previous trend.
Gapping occurs when the price of a security or asset opens well above or below the previous day’s close with no trading activity in between. Partial gapping occurs when the opening price is higher or lower than the previous day’s close but within the previous day’s price range. Full gapping occurs when the open is outside of the previous day’s range. Gapping, especially a full gap, shows a strong shift in sentiment occurred overnight.
CME Cheat Sheet 2021CME Group Futures Dates:
Dec 2020 BTCZ20 16 Dec 2019 > 24 Dec 2020 Settlement: 28 Dec 2020 -
Jan 2021 BTCF21 03 Aug 2020 > 29 Jan 2021 Settlement: 01 Feb 2021 -
Feb 2021 BTCG21 31 Aug 2020 > 26 Feb 2021 Settlement: 01 Mar 2021 -
Mar 2021 BTCH21 28 Sep 2020 > 26 Mar 2021 Settlement: 29 Mar 2021 -
Apr 2021 BTCJ21 02 Nov 2020 > 30 Apr 2021 Settlement: 03 May 2021 -
May 2021 BTCK21 30 Nov 2020 > 28 May 2021 Settlement: 01 Jun 2021 -
Jun 2021 BTCM21 28 Dec 2020 > 25 Jun 2021 Settlement: 28 Jun 2021 -
Dec 2021 BTCZ21 30 Dec 2019 > 31 Dec 2021 Settlement: 03 Jan 2022 -
Dec 2022 BTCZ22 28 Dec 2020 > 30 Dec 2022 Settlement: 03 Jan 2023 -
Source:
www.cmegroup.com
CME Bitcoin Gaps Study:
marketsscience.com
CME Futures Info:
www.cmegroup.com
CME Futures Open Interest Info:
www.cmegroup.com
Indicator To Track CME Sunday Opens:
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
BTC1!: CME TD 9 Bear Trap Buy SignalCautious shorting the current 4hr candle on BTCUSD, currently looking at a bear trap on the CME futures chart with a TD buy signal on the 4hr. Bears are also failing to move price strength into oversold conditions, signalling signs of bearish exhaustion, as CMF returns to positive.
S&P is finding support (for now) from the 200 Day MA that could confirm with a candle close by end of day.
Remaining cautious, could turn bullish. Might as well fill the little weekend gap at $9,175 - $9,220 that's closeby before falling lower at least.
Courtesy of Tone Vays TI Indicator: tonevays.com
Inverse Head & Shoulders Fracta - Deadcat to $9.4K?
A few possible scenarios:
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!
Bitcoin CME Futures Daily Chart AnalysisHello everybody,
First please give me your support by following & put a like thanks !
Here is my daily chart analysis for the Bitcoin Futures since the beginning of January 2020 till today.
Bitcoin was in a bullish channel and broke it around 10 000 price level.
Then on the 7 & 8 March 2020 Bitcoin did a Daily Gap about 1000 points & extended till 5000 price level.
This price level in the futur could be a good support in a bearish scenario.
But actually, my chart analysis shows a small bullish scenario.
Indeed, Bitcoin broke the triangle & the VWAP with a " Powerful " bullish Hollow Candle.
The goal is that Bitcoin reach to the
10 500 price level which was also by the past the end of our bullish channel by price break.
But we have to pay attention because the volume divergence line was broken by two important volume bars.
The " problem " is actually the second bar which is bigger than the first one.
It's why it's better if we wait till the next bar to see what's happening.
You can also watch that the actual Hollow Candle did a wick.
Not a big wick but enough important to say that sellers are in the place.
9000 price level could be a good resistance if sellers push more tomorrow & also because 9000 was the GAP level.
So, Bitcoin could reach next week the 10 500 price level but we have to pay attention for a possible pullback tomorrow on the VWAP.
It's all for this chart analysis & i really hope you'll like it !
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Thanks & see you !
Bitcoin | Rising Wedge & CME GAP..!!BTC/USD (Update)
In 4hr Chart, #Bitcoin Forming Rising Wedge Pattern & Almost Ready for Big Move.
If Wedge Broken Upside, Then Bulls Might fill the $800 Unfilled gap in Coming Days.
If Wedge Broken Downside, then It Might Test the 5.8k Area.
BTW Rising Wedge is Bearish Pattern.(70/30)
In 8h Chart, Still Bulls trying to Clear the Important Resistance (6840-6960) but Bears Defending it.
Waiting for Strong Confirmations i.e RSI, MACD, Volume & EMA50 & 100!!
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