There are several things that have us more constructive $BTC. First, the monster rally in 2017 started right around 9/15. Market's love symmetry. So, a big move begin now, repeating what happened in 2017. Next, the recent full moon shows up in our Gann cycle work as a date that creates a bullish time window (not shown). Looking at a 50 period moving average on a...
Most people are watching a triangle formation in $BTC. We are taking a slightly different approach. We are watching 10,700 in $BTC futures. We watch futures because that is what the institutional funds may need to pour into if equities turn lower or if equities go sideways. As you can see on the chart, the top Fib speed resistance line has provided resistance on...
head and shoulders forming? if so it could bang to 8k
gaps still need closing, first the top by a wick, bottom by a full candle
As we all know bitcoin has been consolidation in higher tf like the daily but the question now is will it survive a bullish momentum or a redish momentum ...see my analysis to the 8k level
yea had lots of cme backing before now, something to consider
Whether Bitcoin CME Futures closes over or under the D 55 SMA today (brown line) may prove significant for the coming week or two. If price closes under the D 55 SMA, it means that price could move down and find new support at the 100 EMA (dotted green line). Price could then find a lower target of around $8200 within a week or two. Bitcoin CME Futures would thus...
Hi everyone, As we can see on chart BTC CME FUTURES cross MA 50, next stop MA 100. RSI, S RSI, MACD bearish.
look past what people are telling you, we have more than one gap
First hit the CME gap below $8900. Then bounce it to new highs! COME HOME, WHITE MAN! bitcoin
Gap 8475 - 9065 Weekly Futures. BTC1! Circled weekly doji candles in the gap zone. Price stayed in these areas for the entire week, price memory within the gap. "Gaps get filled" unless it's Netflix. Will BTC Futures fill the gap?
BTC1! CME FUTURE GAPS UNFILLED 06/27/2019
Futures traders filled the gap down to $8,230, watching to see if that level holds as support now.
We have another gap on the daily BTC futures chart, looking for a fill down to at least $8,230 and a test of that area for support.
It's not textbook but it looks like an ascending triangle could be in play here. Breakout with a close above 8,400. Looks like it might happen soon, DI is in positive territory and the buy pressure is overpowering sell pressure. ----------------------------------------------------------------------------------------------- The buy and sell pressure indicator...
Very large gap on the CME futures chart. Gaps tend to get filled, so expect a dip back down to $6290 as futures traders who were unable to sell into Saturdays strength now have the opportunity to do so.