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...
Bitcoin CME Futures
Bitcoin CME has filled the gap and testing the 4 hour EMAs. This current area of support is very important for the Bulls to continue its uptrend in the coming days.
Now that Bitcoin has filled the gap, will it bounce up again and move higher? It is hard to say but the current trend is now up,
playing a Long position with stop-loss must be...
Bitcoin CME Futures
Bitcoin finally changed the 4hr trend after breaking the previous High at 7439 but we can't stay overconfident right now.
CME Futures has opened a gap in price between 7414 - 7243, we know Bitcoin loves to fill any gap as soon as possible.
Taking a look at the RSI level is already on overbought condition this might add pressure to slow the...
Bitcoin CME Futures
Alright, Bitcoin price is back at Fib golden support level again and there is a gap between 7126 - 7234. RSI is hitting oversold conditions.
All these factors may add to thinking that Bitcoin could see a minor pump to retest the down-line resistance and filling up the gap.
Gaps don't fill 100% of the time but it loves to do it very often today.
Hello Traders,
Today’s update will be on BTC CME Futures chart, Bitcoin broke out of its rising wedge over the weekend creating a gap. Gaps tend to get filled sooner than later, but will BTC hit lower levels first?
Points to consider,
- Trend testing major support
- Resistance at .786 Fibonacci
- Stochastics in lower regions
- RSI approaching support...
The best bitcoin trading plan is to be always a head of each scenario and plan accordingly for best reward to risk ratio trade entry .
we are looking forward for the daily candle to close , if it shape doji or shooting star most properly we will follow my last post and its related out comes
if not then we need to consider any of these possible scenario and...
