cryptochi1986

cryptochi1986

Recently I added VRVP (Volume Profile Visible Range) into my Support and Resistance BTC chart. Something I found interesting in this was the Point of Control (POC) Previous cycle ATH is the most active price point for trading engagement. This provides me a fundamental insight that there were a lot of investors/trades were expecting retest of previous ATH. This is...

06:15

cryptochi1986 Updated 

Let have a quick look at what happened to $BITCOIN last few days! Were you aware of the CME Expiration which happened on 24th February? if not please check my CME Expiry threads (2023 August is linked to this post ) If you like to know more about Bitcoin and Crypto come join in our local groups (Only for Sri Lankans)

cryptochi1986

BTC Price - Last week we saw a 20% price rise in bitcoin BTC Dominance - In comparison we saw a 4% increase in dominance

cryptochi1986

As of now BTC is in a very indecisive accumulating path for last 4 months. I'm expecting BTC to provide a clear direction by end of the year. Bear Case: If ECONOMICS:USINTR keep going up I expect both OANDA:XAUUSD and BTC to drop down. Expected support level for BTC will be around 13000 - 14000 range. This area has been a sell zone in previous bear...

cryptochi1986

CME Futures for BTC will Expire on 26th August 16:00 UTC. Since mid June price has been ranging near the previous bull cycle ATH. So this can be implied as a retest of ATH by technical aspects. Last July, we saw a price dump closer to expiry week and then a quick pump again by closure of expiry week. This august we see similar price action so far. Currently the...

cryptochi1986 Updated 

BNB/USDT is down ~60%, while BNBBTC is closing on it's ATH This is an opportunity to take profit via BNBBTC pair if accumulating more BTC is your strategy

cryptochi1986

After 6 months absence, going to start my monthly thread on CME:BTC1! I have updated the monthly direction table for last 6 months. Even during a major bull run majority of the time CME Week was showing a weakness. However for last 6 months, CME week is showing a more of a ranging performance followed by weakness. CME Data: Trade Volume increasing while Open...

cryptochi1986

As of now this idea is not valid If Price action breaks the neckline and makes retest, there will be a nice entry point.

cryptochi1986 Updated 

Recent price action as created a new CME Gap in the respective charts; Based on current price date we can see this may be a gap which easily can be filled. I will be starting open small Long positions with expectation of this being filled within the week. Expected entry: Below 48,000 - up to 47,000 Stop Loss - 46,000 - 45,000 Take Profit: Above...

cryptochi1986 Updated 

So we are back again at the Expiration week! Let see we are going to end this month!

08:19

cryptochi1986

CME Futures and Options will expire on 29th Oct 2021 Current demand area is 56200 - 59200 levels based on 13/21 EMA Band. Same time I expect to price to bounce back above 63000 based on S2F prediction by PlanB

cryptochi1986 Updated 

CME Futures and Options will expire on 24th Sep 2021 Current demand area is 42300 - 44300 levels. This is the area I'm looking in to mainly!

cryptochi1986 Updated 

Sleeping Giant

cryptochi1986 Updated 

Part 1 perfectly done Waiting for Part 2

cryptochi1986 Updated 

Burning BNB heading to ATH and then price discovery, will be fascinating

cryptochi1986 Updated 

Nothing much to say, paypal is just pushing it

cryptochi1986 Updated 

Break 400 and it's the FOMO

cryptochi1986

RSI - Heavily over brought, possible pull back is eminent, but it will be very small, not expecting it to go to oversold area Volume is still not strong enough to create a retail FOMO, still at early stage of a bull run