BTC1 CME Futures 2023This is what's going on which everyone missed. In contrast, there is still opportunity to buy at lower valuation.
BMC1! trade ideas
$BTC intraday forming SHORT term Inverse Head Shoulder$btc 15 min showing EARLY signs of inverse head & shoulder pattern
Can be seen on 30 min as well
Nothing 2b seen on 1hr #btc
4hr early signs of reversal
#Bitcoin NEEDS VOLUME
#crypto
BTC analysis for today & intraday, still ray of hope for BitcoinPosted a lot today
Sorry, going to copy paste them all into this 1 post :D
Pls see profile for more info
-
10:50am
$BTC holding & still trading in range
#BTC Shorts not existing = Fuel IF more down
Volume not heavy, some sells but buys kind of there
Good
#bitcoin is @ 1Hr long term moving avg support
It needs to make stand soon
Otherwise, bear market over assessment = WRONG
-
1:50pm
Back for few minutes, day is done
$BTC area VERY IMPORTANT
#BTC volume not heavy but longs seem 2b taking some profits here, sells match long volume from last week
#bitcoin 1Hr shows extreme oversold
4Hr beginning 2b oversold
#crypto weak but so are #stocks
NEED FAST CHANGE
-
1:59pm
Keep in mind $BTC is STILL in BULL FLAG!
#BTC 20 Green Moving Avg below, 1st arrow
Support sub 23k (larger arrow most important atm)
#bitcoin trendline & support, 3rd arrow
1 thing lacking = RSI downtrend MUST be broken
That +break of neckline with VOLUME = bear DEAD
#crypto
-
Now
$DJI What do you see?
IMO RISK REWARD entry point good here if we close above the dotted line
$NDX doesn't look as good
More POVs for $BTC
#BTC Up & Sideways Channels = both good 4 bulls
#crypto
Bitcoin in a short term channel$BTC 1Hr shows the channel
#BTC 4Hr also shows the channel
Daily #bitcoin looks like a bull flag
IMO will likely go higher vs lower
#crypto
HIGHER TARGETS FOR CME FUTURES CHART?
Hello Traders!
We see BTC break down from our channel, only to re-enter and test our VAH of 24345
Normally I would have invalidated this channel due to the large deviation from the beginning of Feb.
However, most alts have done this type of movement, by returning to its ascending trend, only to reach much higher targets.
We must keep in mind there is a gap from June 10, 2022 which is not only our 2.618 FE BUT may also reach the top of our ascending price channel. :)
If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!
I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do next! <333333
$BTC $VIX $COIN $DODO & more info from yesterday!SORRY, busy day yesterday
Was on radio show & generally copy paste to here and other sources but was too swamped. SORRY
Pls see profile for more DATA
-
YESTERDAY @ 11:56AM
Intraday $btc
@ short term support
Oversold on 1hr
4hr #BTC not oversold yet
#Bitcoin may bounce here but fall may not be done yet
#Crypto
-
Yesterday 11:15AM
$VIX MAY have issues here
We can very well have bounce for $SPX & #stocks
-
11:05 yesterday
VERY IMPORTANT AREA for $BTC
Shorts for #BTC still uneventful
Intraday #Bitcoin in range
Sells were not heavy but more abundant than buys
Hence, pulling back a bit
However, buys seem to be coming in, WAITING
#crypto
-
10:51AM
Again, PERSONAL #crypto portfolio
$DODO @ low 14's
Already had 2x & was trying to buy back small portion sold but MISSED retest of breakout (yellow line)
#DEX don't have limits @ least I've never seen
👀HUGE volume, LARGEST EVER
Weekly looking good
#altcoin #altcoins
-
10:19AM Yesterday
Completely out of $COIN on that run!
Almost 80-90% on that run buying #option puts back!!!
@coinbase #crypto #CEX
FYI ended writing them again on the selloff, will let some sold puts expire & some may cover later as they are further out
-
TODAY
Good morning everyone!
What have we been saying for over a year?
Whenever the #FED speaks & the market makes a move the following day is usually an inverse
#trade accordingly
Next few months will be volatile
$vix $spx #crypto $btc $ndx $dji
BTC still looks good, we're not changing out stance!Post this moring!
$BTC done great last few weeks
#BTC Pros
Breaking downtrend
Inverse Head & Shoulder complete
Trading ^ trendlines daily & weekly
Bullish WEEKLY crossover
Weekly RSI over 50
Volume good
Maintained LONG term uptrend
#Bitcoin Cons
Daily Negative Divergence RSI
Sell Volume picking up
#crypto
---
RECENT POST
$BTC minute chart
Some volume coming in
Shorts came in but not relevant
Today is GOOD day for #BTC
Let's go #bitcoin!
BITCOIN stack on a crutial S/R level important resistance level 24900
Will the price break this crutial level ?
if yes the next resistance might be level 3000
if not next support might be level 2000
This study based on Fibonacci Golden level
for a clear idea to confirm Important Level in Support and Resistance
FIB level is often one major Technical Analysis tool
$BTC bear dead, RSI is the only thing needed to be 100%, post 1We posted last week that $BTC bear is dead
This is today
Good evening
Quick posts
$BTC opened lower
Today is a holiday so volume will likely be light
Some sell volume brought #BTC down but just as quick BUYS came in and still more prevalent
#bitcoin looks good & unless something crazy happens, likely going higher
#crypto
$BTC is trying to kill off the BEAR TODAY$BTC is making push
Volume is IMPORTANT
Today is 1st time that it's BREAKING OUT with GOOD VOLUME
Day's not done & #BTC has more volume than other days
Need a number? Look
@CoinMarketCap
Again, barring reversal, even if flat tomorrow, #bitcoin weekly close is GOOD
another long setup for bitcoin strategy for volatile markets, exit at double top
re-entry on new signal
nobody knows how far the market will go up
on daily charts simply trail the stop below the last days low.
historic charts show that if COT commercial index is over 79 its time to buy and hold a long trade
BTC - breakout scenarioTechnicals :
1. Stage 1 base : consolidation since June'22
2. Volume : above average volume
3. Momentum : increasing momentum, RSI > 60
3. Volatility : increasing volatility, bollinger band squeeze open
2023 BTC potential outlookJust some thoughts on where we can go from here. Ignore the time associations, because the "when" can of course vary...but these potential & basic TA/PA moves give us a realistic outlook that can take us up and then back down again through the rest of the year and leading into the halving event in 2024.
ALERT $BTC Bear Market about to end!ALERT!
$BTC Update
Volume came in at end of day, Yesterday's close, and was decent but not great
HOWEVER
#BTC volume at the moment is GOOD!
Will likely supersede BUY volume over last month
Bitcoin bout to get INTERESTING!!!More $BTC shorts piling on
Not as much as seems
IMO this = VERY GOOD, more short better!
#BTC keeps running this'll give fuel to BREAK major resistance @ neckline with COVERING
Maybe even lower part of #bitcoin GAP, top left
Sit tight boys & girls
Things bout 2 get interesting
BTC to be rejected at 200 daily SMA on the CME?BTC is presently testing the 200 SMA resistance (thick orange line) on the daily on the BTC CME futures chart.
If it drops below the 200 VWMA (thin orange line), then it will likely fall back to retest the Ichicloud at ca. 19.4K USD, recently flipped bullish again (green).
This will also enable the CME gap to be closed sooner rather than later first, before a possible continuation upward.
The PRISM Oscillators Set also indicates overbought condition (red background lited) presently.
Outlook: Bearish on the short-term (due to possible healthy price correction); and presently, still bullish on the mid-to-long term.
Bitcoin mid termHello,
Back to the old days of gap filling, if this actual support doesn't hold then we will need to fill (quick touch or consolidate in that area) that 20k gap in order to continue further IMO.
hmm... whatever happens, i dont see bullish things... theres a wyckoff distribution scenario, theres the consolidative move followed by bear break, and theres the sell sided disequillibrium case. whatever happens, i think we have to pull back big in btcusd because of the power of trumps fed. im still bullish long term btcusd. bitcoin could go to $3k bitstamp, and coinbase could collapse before i would sell the core position at this point long. theres definitely puts to be had futures, and theres definitely short selling in all sorts of exchange and derivative product security as well as profit taking or stop loss and institutional activity bearishly due to the instability of the interest. the contrarian indication is sell and the major wave of buying is behind spot and actual names on the chain that the latency behind the product unit and the network is an astonishing rate given the exchange rate and comparison to the mining space as well as the comparison to alts. its not alt season, either. basically sell crypto, but its not impossible to see higher prices especially with how oversold the hourly is.
$BTC weekly shows interesting data$BTC still chugging lower, albeit slowly
$TOTAL 3 = #altcoin no longer looking better than #BTC
#bitcoin regaining dominance is not the worst thing in word although it's being done on weakness
Weekly BTC RED EMA @ Breakaway gap area
Interesting
#crypto
#TOBTC #LQR Monday 6Feb important gap!#BTC on CME chat got a important Gap around 23217 -23458 ,
and also strong support around 227760 - 22231 , which is cluster to EMA 100 4H
beware of those level :)
BTC with ARKK OverlayGarbage is what garbage does. BTC and ARKK basically have the same chart pattern. Garbage correlates with garbage which inversely correlates with bond yields.
Anyways, CPI numbers released Tuesday before market open.
BITCOIN TO THE MOON ?Bitcoin recently rejected previous supply zone and currently is falling back to previous level of resistance and is loosing momentum. Look to see a bullish candle pattern forming @ the level to confirm entry to the upside.
Why bitcoin is not going to hell?Well, take a look to this chart, this is the moment and this is very different from the last time that bitcoin visited the 15 K, so don't expect to see 15K again. I think will see a uptrend continuation this week, starting from today, have a nice week!
