majorlee

Bitcoins climb to 6700 with CBE future contracts looming [BTFD]

Long
majorlee Updated   
COINBASE:BTCUSD   Bitcoin
Quick interactive view on the 4 hr chart

as we have the expiration of CBE sept contracts tomorrow on 28th sept at 4pm GMT

"Trading terminates at 4:00 p.m. London time on the last Friday of the contract month. If that day is not a business day in both the UK and the US, trading terminates on the preceding day that is a business day for both the UK and the US."

quoted from the website for more details check it here: www.cmegroup.com/tra..._specifications.html

i mentioned some predictions that MIGHT happen leading up to this date and time on the telegram channel if you would like to know more...

we just rebounded off the 50% fib level at 6750, all indicators on 1hr and 4hr showing bullish sentiment and expecting more to come with possible 7300+ in sight....but this is all discussed on the BTFD telegrams channels :) we have already taken long positions

please join our BTFD group in the signature below and feel free to send tips using the donation addresses below, everything we do here is for free and we like to honour the exchange of energy in this way

have a powerful weekend

Comment:
1hr view

looking very positive towards the bulls here


6800 again becomes key level target for next move up

6660 area needs to hold the support BUT might get a few squeezes so watch out for this
Trade active:

1 day view, Cycle of Power just turned positive and green light on the CM Vix Fix

looking better and better BUT dont wanna get carried away just yet, still some important trend line and other resistances to break through

will update changes as an when i can
Comment:
bit over-bought on the 1hr chart and market breathing as per usual with such moves:

Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.