Bitcoin broke the aggressive 4H Channel Up (RSI = 43.859, MACD = -5.700, ADX = 20.956, Highs/Lows = -3.9533) that started on the January 3rd bottom (6,900) and turned sideways. For the first time since the bottom the price is trading that long below the 4H MA50, which may be turning into a short term Resistance. With the 4H MA200 used as an accumulation area...
Bitcoin CME Futures Bitcoin CME filled the price gap between 8763 - 8856 if this is a bad sign for the bulls, we may see the price reach our next key support area at 8300 - 8100 regions only after if BTC breaks 8500 support. Bitcoin is painting a bearish candle after filling up the gap and the price is trading below 26 EMA. The RSI is in the neutral zone and if...
Bitcoin Futures XBT showing interesting setup for next 2 days. I am in long position, as well with it, I averaging my entry in zone of 7800 down to 7300. Previous swing entry was at 7100 and closed with 1460% ROE at 8300. Now looking for target near 9000-9400. Good luck and happy 2020, subscribe for Artem Crypto in telegram, link in bio.
Bitcoin CME Futures Bitcoin is quite looking bearish after breaking the upward trend-line of support at 8100 levels. We know that there is not enough support build during its uptrend from 7700 regions to 8500. And for that, the price could easily drop back to 0.5 - 0.618 levels to immediately filling the gap from the old resistance to potentially change it to...
Bitcoin CME Futures Bitcoin is trading within the key resistance area and the RSI is already extended on the overbought condition levels. There is a price gap between 7723 - 7675 which our key area of support is also located. This will give us a hint that Bitcoin could bounce in these regions before it continues the uptrend. This price gap doesn't mean it has...
thank me later 6900-7000 Short sell position Take profit around 6500 below
I noticed a pattern that I though I would share. I measured the three highs from the 3 candles AFTER the ATH's and combined them (purple lines). I then set them from the close downward and found that for the Dec 2017 bullrun, it almost PERFECTLY matches the low set in Dec 10th, 2018 of $3,128. The yellow line is the 3 purple lines combined. So if this hold true,...
So close, but still haven't gotten that 6k gap close. Now two exist to the upside. I am targeting low 6k, high 5ks at the lowest before continuation or chop city sideways. ---- See previous CME charts for further reference
Quick update: Watch for Bitcoin (or even just the futures to fill this gap), as you can see prior gaps were ALL eventually filled, i expect the same here. A move to fill this gap would also coincide with my prior call for a brief retracement, and would also present with a re-entry point for those who have yet to gain exposure.
When the red zone has been filled, we can secure a bearish movement to BTC. With downside movement to the blue zone.
Hey traders, today we're looking at the Bitcoin Futures chart. Now to those of you that know how to trade futures or understand them, most to all of the time when there's a window, that window must be filled at some point before moving back up. This is just a pattern that I tend to see in the markets. With this in mind, when Bitcoin shot up past 10,000 last week,...
Hi guys, I've seen Sunny decree making a video today about the bitcoin futures chart and the gap in the Grayscale. At first it shocked me, but after analysing it for a while I actually came out more bullish than bearish. Maybe it is total self fulfilling prophecy but anyway, price is slightly going down but I see soo many bullish signs, as explained in my...
EXTREMELY LARGE RIGHT WING DRAGON FORMATION HEADING NORTH/EAST ********************************************************************************************* The Stars are all Shining on Bitcoin , will it make its Stellar Move Up or Not; will it offer a Spectacular Exit to this Level or Drop when it hits the Line?!?!? Bitcoin is Reaching for the Stars & Making...
Price pushed away from the border _ indicated by a blue rectangle. Goal up to $ 11,000 - $ 11,300. By the way: STEP beyond STEP overlap gaps, which I wrote about earlier (t.me/igorporokh1/864) Let me remind you: Bakkt will start testing its platform on July 22 (t.me/igorporokh1/920) When do we go to overlap the lower gap? It's a question of time. At present,...
Does anyone have a roadmap like this??? Buy anytime we are near the PURPLE DOTTED LINE. In fact, if you believe in bitcoin, DCA (dollar cost average) on the way up and now! Anything below the purple value line is a spring/shakeout. By my estimates and how the parabolic ascents of support and resistance line up, bitcoin will eventually and soon approach...
Bitcoin is start a New Bullish trend. Really if you decided to buy BTC for your investing , Buy it Now. Please Don't wait for chepest price because bitcoin Can not be analyzed. In this market, the analysis is not responsive and influential people manipulate prices.
If this phenomenon continues there is no doubt in a retracement.
Bitcoin has made a nice 7% gain for us on our trade yet we stil need a further break to the upside to consolidate these gains. A move higher could see Bitcoin head towards 6600USD as we run up to the end of July. What we don't want is a sharp sell off and drop back to 5000USD. This would erase our gains. Bitcoin is only 1 of 8 that we trade so this isn't the end...