BTC shows an uptrend, as well as a bull pennant. We also have two price futures gaps. I look forward to a possible breakdown and lower prices. On this risk open shorts. we have a strong consolidation at the level of 9450-9650, if we fix above the price will go to 9800 and maybe 10400. Opening parts 9380 - 9580 Stop 9780 Target 9100 - 8610 After the first take stop, take an open .
This is just my opinion, and is not a call to action) Looks good? Leave a like, share and leave a comment. Thanks for visiting.
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as expected, the asset went up, where I opened a short position. We see the reaction of the seller and the rate has already corrected by 4% Now there is a flat state. Where we have 2 options, continue the upward movement to the level of 9500-9600 and go below. or breaking and fixing above it, then we will see the price of 9800. I’m still waiting for the price at the level of 9200-9100 where I will fix part of the position again, and I will look further, because a rebound is possible. So far, the position is in breakeven. Today is closing a month, and perhaps in the next we are waiting for a big absorption. If it does not happen from the first days, then the price will be higher. Also yesterday we had a good long squeeze, where I managed to fix part of the position on the Bitmex exchange, where I trade
can u pls tell me.. Why the CME charts price showing 100 or 150$ difference, its higher always.. I mean I know its delayed chart on Trading View, But the difference!? pls help me out on this.. Thank you!
PavelBodo
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@preman13, CME’s Bitcoin futures contract, ticker symbol BTC . These prices are not based on market activity. A single BTC contract has a value of five times the value of the BRR Index and is quoted in U.S. dollars per one bitcoin. The tick increments are quoted in multiples of $5 per bitcoin, meaning a one-tick move of the BTC future is equal to $25. I use this exchange as an example for a price gap. and I’m trading on the Bitmex and Bybit exchanges.
Yes there is a difference, but I will adjust the price myself)
I hope I could help you.
preman13
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@PavelBodo, Great ! Thank u sir for the help!! Love from India! M also trading on Bybit : )