Bitcoin - Short; For now... Then, dependent on what happens around the $20,000 level, up, then down, ... etc., etc. This is all speculation, of course, then again, that is the name of the game. - Right?! Trade it as it unfolds.Shortby Nemo_ConfidatUpdated 11117
An alternative strategy/analysis "CME GAPS"Just a simple analysis or strategy for everyone to understand but please do your own research! -As you can see, after every gap is formed and after the price fluctuates, it will eventually return to the unfilled gap levels. What are CME GAPS? CME gaps refer to the difference between the trading prices of Bitcoin futures contracts when the market closes on Friday and reopens on Sunday. The gap occurs because there are no trades between the closing period on Friday and the opening on Sunday. The gap can also occur during holidays when the CME is closed. A gap is an unfilled interval on a chart, and it usually occurs when price sharply moves up or down with very little to no trading occurred in between.Shortby Jupiterr_2
$BTC weakening & comparison of Futures vs Spot, AGAINCRYPTOCAP:BTC is weakening further. Although the CMF shows TINY accumulation. #BTC MACD histogram shows a slight neg divergence. This means that there is a decent chance MACD crosses over, negative. Find it interesting that the Head & Shoulders neckline is right at the Nov 2022 bottom #Bitcoin trendline, blue dotted line. -------------------------- Now let's compare Futures vs Spot RSI on spot CRYPTOCAP:BTC is much weaker compared to derivatives. CMF shows huge differences between Futures vs Spot #BTC: Futures Sold off & slow grind up vs Spot volatility This was short covering vs Spike = false reading Countless examples over the years on why using #bitcoin futures/derivatives charts is better, #cryptoby ROYAL_OAK_INC0
BTC UpdateI think it'll hit the July high again, but then again, I'm thinking the stock market will as well, and that's a safer bet. It hasn't been trading with the market on a day to day basis but for the most part, BTC is trending with the general market. Other cryptos are in the garbage pile along with garbage stocks like PTON, SFIX, FCEL, BLDP, etc. VFS stock shows how quickly bubbles die in a high interest rate environment. I don't recommend cryptos, but just posting this because I know some of my followers trade crypto and I plotted it so might as well post it.by hungry_hippoUpdated 8
$BTC needs to wake up FAST๐จ๐จ๐จ We pointed out the Heads & Shoulder pattern few weeks ago. For an idea of how dangerous this pattern is, look at how bad the TVC:DJI CBOE:SPX & NASDAQ:NDX were recently hit. There's a tiny amount of CRYPTOCAP:BTC accumulation, CMF. Weekly #BTC had a bullish crossover but it was WEAK. Not strong at all. For the moment, #bitcoin is still trading above its moving averages. It has lost a lot of steam lately. Needs to wake up FAST. #cryptoby ROYAL_OAK_INC1
$BTC $31K - $36K gap explainedHere we attempt to show the reason many chartists expect CRYPTOCAP:BTC to make a quick move to $36,000+ once we clear 31K to 32k.Longby JoshMandy220
#btc short term strategy #bitcoin setup There are 2 GAPs in CME Futures #btcusd chart. I expect BTC to visit this gaps. My expectation is not only set on gaps. Also there is an important long liquidation zone exist. And also #DXY the #dollarindex is still moving upwards. NOT FINANCIAL ADVICE. Shortby naphyse2
BTC CME gaps to be filled We are entering an important zone โก๏ธ above previous high and around 0.5fib... Let's wait and see if we support or lose the R/S line. When lose, I close my long CRYPTOCAP:BTC position and start to look for short setups... If we support, we will continue ๐จ Be alert... #trading #bitcoinby PA_Koala_C3
An Extreme GAP Strategy for #bitcoin #btcIn the chart you' ll see the CME GAPs. Market maker will want to price #btc to these zones. There' s also a huge liquidation these points and also 23500. Sooner or later, these three prices must be visited. The second variation may be like : First 23500 then 20000s and then 35K. NOT FINANCIAL ADVICE. These are only my notes. DYOR.by naphyse1
Understanding Bitcoin CME Gaps: Importance/Trading StrategiesBitcoin CME Gaps are price gaps that occur in the Bitcoin futures market, specifically on the Chicago Mercantile Exchange (CME). These gaps happen when the closing price of a Bitcoin futures contract on the CME differs significantly from the opening price of the next contract. Here's why they are important and how to trade them briefly: Importance: Technical Analysis: Traders often pay attention to CME Gaps because they can act as significant support or resistance levels on Bitcoin's price chart. Market Psychology: These gaps can signal abrupt shifts in market sentiment, which can influence future price movements. Volatility: Bitcoin is known for its price volatility, and CME Gaps can exacerbate price swings, making them important for risk management. How to Trade: Fill the Gap: Some traders believe that CME Gaps tend to get "filled" eventually, meaning that Bitcoin's price will return to the level of the gap and close it. They might place buy orders just above the gap and sell orders just below it. Confirmation: It's essential to wait for confirmation before trading CME Gaps. This can include observing price action, volume, and overall market sentiment. Risk Management: Trading CME Gaps can be risky. Use stop-loss orders to limit potential losses, and don't bet too much of your capital on a single trade. Remember that while CME Gaps can be significant, they are not foolproof trading signals, and trading cryptocurrencies is inherently risky. It's crucial to have a well-thought-out trading plan and consider other factors, such as fundamental analysis and market news, in your decision-making process.by sailortrades3
BTC: Is this Choice a Prelude to a Storm?In the world of cryptocurrency, the winds of change are ever-shifting. Bitcoin, the pioneer of digital currencies, has seen its fair share of ups and downs. Today, as we witness its return to familiar territory, the question that looms large is whether this is the calm before the storm. The cryptocurrency markets are known for their volatility, and Bitcoin's recent movements have raised eyebrows. Many are speculating that a significant downturn may be on the horizon. Could Bitcoin be poised for a rapid descent, preparing itself to welcome the giants of the corporate and institutional world? As we delve into the intricacies of Bitcoin's current trajectory, join us on a journey through the highs and lows, and explore the factors at play. Is this the moment when Bitcoin finds its true place in the financial landscape, or are we on the verge of a seismic shift that will reshape the crypto industry once again? Stay tuned as we unravel the mysteries behind Bitcoin's return and what it may signify for the future of digital finance.Shortby Blackrockcrypto20233
Will $BTC close above the down trend line?CRYPTOCAP:BTC giving back gains above the broken down trend line. Volume is good BUT let's dissect #BTC! 15 Minute shows that selling is LIGHT. 5 Min shows it's lighter than what 15Min shows. BUT...................................... 1 Min shows that the heaviest volume was a top tick!!! Someone sold the top of this #Bitcoin rally! Let's see how it closes! As of now, NOT YET bulls! by ROYAL_OAK_INC3
$BTC making moves & 1st time testing down trend๐จ๐จ๐จ CRYPTOCAP:BTC touching the down trend line for 1st time since Aug 9th. Buy volume is coming in, good sign. Accumulation hasn't been great but has been positive. Shorts have covered some. So if it breaks this trend it can pump a lil bit more. Keep an eye on the RSI for real strength. Would like to see it break that high it recently made. Futures dictate price action. #BTC #bitcoin #cryptoby ROYAL_OAK_INC2
btc/usdJUST FOR FUNNN!!!!!! i think btc will repeat last halving moves i will wait for 7 months wish u happy bull runby zxarata691
BTC CME GAPBTC is currently sitting in between two CME Gaps at 34k and 21k. Which one do you think CMW would easily magnate? by ReNLoG221
BTC Long, bottom or another bear trap?28.5k is the invalidation line for continued bull momo. Close below it on the dailv and I think BTC either sees another bear trap/ deviation to 26k followed by a bull reversal to 37k. If the bear trap is set it is extremely risky to play. If it fails, BTC could hit at least 23k for AUG and 20k to 18.8k for SEP because both are statistically red months during the recovery phase of previous bull runs. However, there is a minor bull case for the bulls considering we are at the bottom end of a linear regression trend from the bottom at 16k to the current price. Nonetheless, I do expect volatility soon. Trades: Trade 1 Long 28650, sl 28000, tp 30500, 32000, 36500, 40000 Conviction moderate. High chance of getting stopped out if 28.5k keeps getting tested and removing liquidity from that region. Trade 2 Long 26300, sl 24000, tp 30500, 32000, 36500, 40000 Conviction high. Lowered chance of getting stopped out and if a bear trap were to occur, this is the ideal entry. Trade 3 Short 30500, sl 32000, tp 28500, 26500 (close here if there's bull volume), 24500, 21000, 19500 Conviction moderate. Might get front runned ~29.5k. but use this trade as a hedge against another false rally that leads into a bear trap ~26k, or even worse at 20k if theres no bullish volume for the expected trap.Longby linebandsUpdated 1
Bitcoin makes its move soon, before NovemberInteresting enough, shorts remained untouched these last few days. Bull Scenario 4 days above Red Moving Avg. #BTC Hasn't done that in a while. RSI formed Positive Divergence. Bear Scenario Short term trendline up ahead Will that break or will 25k attract #bitcoin again? Will have answer before November comes around. MIL:BTCby ROYAL_OAK_INC0
Bitcoin - Nobody expects such a move.3 month liquidity hited. Level 31730. 6 month liquidity hited. Level 31730. these levels also coincide with the fibonacci level. this is the seller's discount zone 0.5% What is interesting is that the monthly high was also taken out, by the previous maximum. There is still a gap below that needs to be covered. Nobody expects such a move. Recently, miners have put bitcoins on exchanges to hedge, I don't know how to find this information correctly. There is no greed in the market, but there is some liveliness of the market, I started to hear a lot about 32 35 40 thousand dollars for bitcoin from some young analysts. These are all thoughts in the ear, if you have an alternative opinion, please write.Shortby Artem_DishelUpdated 151521
$BTC looking better, still in a channelCRYPTOCAP:BTC is chugging a lil more. Volume is good but not great. RSI is going higher, that is also good. Had a nice inverse Head & Shoulder that it recently broke out of, signifying SHORT term bull. Signs point to betterment! Conclusion This can drag for a bit & force the blue trendline to move up to the 25k support, which was also in June. We may get a flash dip & resume the upward movement. by ROYAL_OAK_INC0
Can Bullrun Start Without Gap Fill? ๐๐ณ๏ธ The Gap Dilemma: Price gaps occur when there's a notable difference between the closing price of one trading period and the opening price of the next, often seen on the charts as a "hole" in price action. ๐ Gap Filling: Traditional market wisdom suggests that gaps tend to get filled, meaning that the price revisits the gap area and trades within it. In Bitcoin's case, this could mean a retracement to fill a previous gap before further upward movement. ๐ Historical Anomalies: Interestingly, Bitcoin has shown a tendency to defy this norm. In its historical price data, there have been instances where significant bullish trends started without revisiting or filling previous gaps. ๐ Market Sentiment: Bitcoin's behavior often reflects overall market sentiment. If there's overwhelming bullish sentiment, it might bypass gap filling and initiate an upward move. ๐ง Caution Required: While Bitcoin's past actions might suggest the possibility of such scenarios, it's important to approach each situation with caution. Market conditions can change, and historical patterns don't guarantee future outcomes. ๐ก The Takeaway: Bitcoin's unique nature means it doesn't always conform to conventional market expectations. While gap filling is a common phenomenon, the cryptocurrency has demonstrated the ability to start bullish trends without revisiting these gaps. In trading and investing, adaptability and a comprehensive strategy are key. Keep a close eye on market sentiment, technical analysis, and news developments to make informed decisions. Remember, there are no absolutes in the crypto world, and flexibility in your approach is your greatest asset! ๐๐by AlexWhale2
$BTC bounce WEAK, Seeing Positive Divergence BUT... Danger lurksCRYPTOCAP:BTC As you can see, the volume on this bounce is mediocre at best. This is not what bulls want to see. The white line is a PREMATURE, SEEMS to be, trend. Took some trades on last night, didn't post them. (Personal level) Taking this bounce off already. At 10x leverage = good enough. If #BTC goes higher, whatever. If lower, we redo again. ----------- Daily RSI hasn't moved. This means that there is no steam, endurance, strength. BUT it IS showing a nice POSITIVE DIVERGENCE! Means that the RSI is making HIGHER lows as #BTC falls. We're very close to finding a bottom. There's maybe 1 more FLUSH of hands. HOWEVER, BE FOREWARNED! We're seeing weekly BEARISH CROSSOVER! (Circle)by ROYAL_OAK_INC0
$BTC weakening further with no sign, as of yet, of positivityAnother new recent low for $BTC. This area is VERY IMPORTANT. VERY IMPORTANT! Historically this area has been trouble for #BTC to break above once it has gone below it. We are seeing positive RSi divergence but we never go by this, need to see a good trend first. ( CRYPTOCAP:BTC historical trading in this area) IF #BTC gets a bump here with volume AND IF IT doesn't give back, then that is VERY GOOD! But until that happens it is a trading game. SO IF WE BREAK, look at the different colored blue arrows. We all know #bitcoin is a mover when it wants to be so these are JUST GUIDANCE.by ROYAL_OAK_INC0
SMALL ACCOUNT CHALLENGE ๐ปOn 6/30, I created a small capital account ($180) for daily trading, and I will share the results weekly on the same post There are three targets for account: 1k, 10k, and 100k Let's see what happens. ................................ In the end, I'm just sharing my results and what I post for my own purpose NOT designed to be taken as ADVISEby DARKMEXUpdated 225