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BTCUSD Futures Contract forum

2 hours ago

BTC CME futures gap at $114,300 will be filled sooner or later.

21 hours ago

📊 Technical Analysis – BTC CME Futures (1H)

The chart clearly shows a strong bullish trend starting from around 102,000 and reaching up to 118,000.

Price structure is forming Higher Highs and Higher Lows, indicating continuation of an uptrend.

Current price is at 118,140, hovering just below the recent resistance.

The zone between 116,000–116,500 is acting as a strong support now.

If price breaks and closes above 118,500, a fresh bullish wave is likely.

✅ Buy Setup (if breakout confirms)

Buy Above: 118,500
Take Profit 1: 120,000
Take Profit 2: 122,500
Take Profit 3: 125,000
Stop Loss: 116,400
Confirmation: A strong bullish candle closing above 118,500 on the 1H chart.

🔴 Sell Setup (if rejection occurs)

Sell Below: 116,000
Take Profit 1: 114,000
Take Profit 2: 112,500
Stop Loss: 118,200
Confirmation: Strong bearish rejection from the 118,000+ zone.

💡 Pro Tip

Wait for a confirmed breakout before entering. Avoid false entries on wicks.

zakariasaaid

The market remains bullish, and buyers stepped in strongly on June 20.

However, the price has been rejected multiple times with force in the 108.980 – 108.085 zone.

Let’s keep a close eye on how the price reacts in this area.

In my opinion, Bitcoin seems to be preparing to break through the resistance zone between 114.130 – 109.520.

👉 If this zone is broken with momentum, we could see the price move higher