BTCUSD is still short term bearish watch for the breakout

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi there, Just look at the previous chart examples you will get the idea what you need to do on this chart. Simply watch for the strong breakout and look for short term sell like the previous examples.

In case price break up sharply the down trend then start to look for longer term buy. Then watch for the correction before you jump in for long. I will try my best to update the chart.

Good Luck.
Comment: We are still in correction for one more drop. so patience please.
Comment: Nice breakout. Watch for continuation.
Update pls

I think there is a correlation between Total Coin Market Cap and Bicoin Dominance.

I think the trend will soon change.
+2 Reply
vibestone pkb6698
@pkb6698, Hi and thanks for the information. Are the contracts 50 days? And ... why would anyone buy cryptocurrency on contract? Im just curious.
Hi and missing your update so I throw in a question. Do you think it could be one more downward continuation or what indications do you think is useful for reading this chart now. Thank you for your analysis.
Will BTC continue to fall?

< Comparison Between CBOE:blue and CME:red > * UTC+9

18.01.18. 07:00 / CBOE: 11100$ / SHORT
18.01.27. 01:00 / CME: 11000$ / SHORT

18.02.15. 07:00 / CBOE: 9300$ / LONG
18.02.24. 01:00 / CME: 10200$ / LONG

18.03.15. 07:00 / CBOE: 8100$ / SHORT
18.03.31. 01:00 / CME: 6700$ / SHORT

18.04.19. 07:00 / CBOE: 8200$ / LONG
18.04.28. 01:00 / CME: 9300$ / LONG

18.05.17. 07:00 / CBOE: 8300$ / SHORT
18.05.26. 01:00 / CME: 7500$ / SHORT

18.06.14. 07:00 / CBOE: 6300$ / SHORT
18.06.30. 01:00 / CME: ???) / ???

Until now, the closing price of the CME expiration date was lower than that of CBOE in the bear market, and the closing price of the CME expiration date was higher than that of CBOE in the bull market. Assuming this pattern is maintained, June is the continuation of the downside, CBOE lowered the low point on the 14th, and CME on the 30th is expected to lower the bottom. As CME futures expiration date (1 am on June 30) is approaching, we should open up possibility that price will be pushed once more.

MT. Gox refunds to creditors in crypto is coming. Bullish news?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out