Yesterday the latest CME GAP was filled with a long-wick... What about the rest?
The RSI here is at its highest ever... Some people call it "overbought" but I would say "super-strong"...
We are still facing the same dilemma, will Bitcoin retrace or not?
Bitcoin will retrace for sure but it is hard to tell when by looking at these charts.
We've seen all the attempts by the bears to push prices lower completely fail but we are likely to see a few more red candles.
When we look at past history, past months, each time a new bearish candle shows up on the daily timeframe we get a least one more red candle or even more... This might be the case here.
Yesterday we got a bearish candle so be aware if you are trading at these heights. (We don't trade here, we focus on the altcoins).
Anyway, the purpose of this post is not to predict the next move but rather to share the CME GAPs.
We have one (1) at $24605 - $26080 and another one (2) at $18460 - $19080.
These GAPs coincide with some of the levels that I extracted before in my previous BTCUSD article, so there might be something there. (Check related trade ideas)
Thoroughly enjoying your analyses. Thank you for sharing!
AlanSantana
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@bigldr, I am happy to read this. I am glad you like them.
Namaste.
nbe
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Hello Alan, What do you think for Alts ( for both BTC and USDT parity ) if Btc drops sharply ? Appreciate for your response.
Rajnz30
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Hi Alan, The next resistance is at 40K. Don't think it's gonna pull back to the those levels mentioned 👍🏽 thanks.
ioui
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alanmasters I just don't get it. You always tell us how to listen to our hears /stay humble and that you have a positive personality saying you always want to help and educate people because you believe in Karma, right?
Then why do you start asking us to pay for a premium /livetime subscription for acurate charts and make more profits, as if you can look in to the future .
We all have seen and will see these type of telegram/discord pump dump scam groups when BTC is pumping and you know that.
Do us and your self a favour if you really believe in Karma as you always say and stop acting greedy and becomming a greedy person by making money on our backs.
For the rest of us don't be stupid no one can predict the future! There are enough sources on how to learn trading and you will learn best by making your own mistakes. Stay focused follow your heart, no one is here to make You rich.
Why lose your earnings on a stupid membership if you can invest and use the money yourself.
Namaste
AlanSantana
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@ioui, You are talking about karme and then "stupid membership"... If you believe in Karma, then just let karma do its work.
Get a life.
The same comment on 5 different trade ideas is not sharing your thoughts, it is simply SPAM.
Namaste.
hamidjamila
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Hello Mr. Alanmasters Yes, I currently do not trade on btc. I am satisfied with the alternative currencies. I have benefited a lot from the work of LRC. Have a good day.