Bitcoin got a major push last night to the upper limit of our rising wedge.
We were expecting a pull back, but insofar Bitcoin has continued to rally without coming back down to give us a good entry.
Unless it has a good set-up with a high R/R (risk/reward), I don't like to enter. Many of the altcoins have been presenting us with great R/R's, which we have...
Look at these boxes and how they affect price action and range. Wow bitcoin, very cool.
When charting gaps like this, turn off magnet tool and enable "indicator values" in the chart formatting options so that the OHLC of BTC1!'s candles are viewable. Then use your preferred tool to create levels. Do note a majority of these gaps overlap due to their nature.
In...
BTC Shorts trying to smash
Bitcoin down again before
the markets close for the
weekend. They know "ETF"
is coming along with custody
and regulatory framework.
They want to suppress BTC
as long as they can until
they are ready to come
in and scoop it up !
consolidation after inverse head and shoulders, interesting to see what the futures will do after this consolidation, alot of pump up and trading over the 200ema, would like a test to confirm long.
Baised on BTC1 futures printing a new low on friday, btc will most likely hit 5500 - 5200 after a minor pull back.
generally not looking good for btc long term atm, brave longing pull backs at small time frames, better to wait for 200ema touches for shorts.
Well_Everybody has seen that when I build the future of the BTC, after a short period of time this instrument collapses to the ground, well, we consider that these people have the strength and sewed in the smart money and Big money Yes ¡¡
, this chart tray representation shows, in the graph where the price would arrive,,, if as they say the institutional in...
Bitcoin Futures BTC1! CME Near Date
The futures chart is showing some of the clearest trend lines
at moment so is worth a look. Price action yesterday has not
helped the bull cause.
The chart shows Bitcoin is still in a very precarious state.
Yesterday's fencing battle with thrusts upwards and spikes
down was by turns dreary and stultifying and mixed with...
BITCOIN FUTURES BTC1! Back to the Futures
Yesterday's comment referred to the 50% rally from 6000 to
9000 and just a little higher - Major Gann and Tesla numbers.
Weekend comments also referred to Bitcoin Futures prices
and the key reistance range stretching from 8971 up to 9224
and the problems Bitcoin will likely face on encountering this...
Quick short term update on the CME BTC1! (Futures) market.
We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume.
Support for Bitcoin is still at $9k to $10k on the shorter term and...
