Hello everyone! So, we have just completed the Head&Shoulders Formation. As you you can see, LTC is behaving pretty much as it did when it touched the lower part of the descending channel on Feb.23rd. What is expected now is a rally of LTC up to 205 USD approx. and back down to the lower part of the descending channel. Bear in mind folks, that March 14th is a...
Some people believe that BTC is overvalued and some believe it's undervalued. The one who considers Bitcoin is overvalued is referring Bitcoin as a bubble but still want to buy it, whereas the one who considers Bitcoin is undervalued because it still has not reached the point of global adoption are the one who speculates the market. Whereas BTC chart is no...
Disclaimer: This is an opinion based on experience and analysis, meant only to add to your own formulated opinions, not give you a trade to take. There's been an incredible amount of fear surrounding the CBOE and CME futures contract, mostly because people don't really understand them. The first ride on the futures merry-go-round brought the price down instantly....
If you watch the 1D chart for BTCUSD it looks like a big Pump & Dump (P&D) which lasted several months. It looks like most of the big dump already finished half it's way and there is a possibility it will dip between the 7000-9000 levels. Let's say 8000$ as average, but keep in mind a lot of fear will reveal it self when 9000 trend line is broken. Therefor support...
Hi, I am not normally into conspiracy theories, but I am interested in any impact (if any) on the spot market from the CBOE and CME futures markets. I have marked the start and end of the 2 futures markets. There was a clear downtrend for the first CBOE duration and a clear up tick after if ended. Let's see what happens when the CME futures expire. Perhaps...
-Previously on the 10th we saw immediate sell offs in fear of the C-B-O-E futures, but never retraced past wave 1. (Rule 1) -Today on the 17th we see a similar sell offs following the C-M-E futures, but wave 4 did not break previous gains from Wave 1. (Rule 3) -Physiological affects futures stop B-T-C gains in the short-term, but believe we could see B-T-C all...
Cboe Futures Exchange, LLC (CFE) plans to launch trading in Cboe bitcoin futures at 5:00 p.m. Central Time on December 10 under the ticker symbol "XBT"
BTCUSD update: Price is not far from the all time high of 17171 just hours away from the start of today's business on the CBOE. This is when more volume will enter the market and have a more significant effect in either direction. In this report I am going to highlight what to watch for at the two upcoming resistance levels. 17171 and the price range up to 18300...
the big boys at the front door now lets tap the keg and party
With the flag we can predict a 10% move back to the previous highs and knowing how bitcoin reacts at resistance points it can be inferred that resistance will be broken and another 10% gain after that. This is assuming that the CBOE futures dont do anything really wacky tonight. What a time to be alive boys ! Live long and HODL!
BTC on the daily (D) macro logarithmic with parabolic trend What we saw in the most recent move was an unprecedented bullish exit move of +45% out of a parabolic trend ! =BUYTHENEWS - CME/CBOE futures With the also unprecedented first time implementation of futures into crypto market itself it is entirely possible we could see a -45% mirror of this move...
To those that asked me yesterday, I indicated that if we cross $11,900 (GDAX prices), that would trigger a short-term buy signal from which we could get a range projection target of at least 800 points. As I write this, we are seeing a gain of 1000 points, give or take, and now the question turns to: "how much higher can we go?". BTC' has ignored the overbought...
Spx option put call spread analysis...
CBOE seems came out of a channel in daily frame. In the Long term it also running within a channel, and now seems forming a head & shoulder formation. Great moneyflow divergence, really pushing down & now below Zero. So this might be an interesting short from current price. * Trade Criteria * Date first found- March 7, 2017 Pattern/Why- Long term Channel &...
It's a consolidation pattern here. Wave B looks finished. Target for wave C = A = 55.30
Similar to VIX, the price of S&P 500 tail risk is calculated from the prices of S&P 500 out-of-the-money options. SKEW typically ranges from 100 to 150. A SKEW value of 100 means that the perceived distribution of S&P 500 log-returns is normal, and the probability of outlier returns is therefore negligible. As SKEW rises above 100, the left tail of the S&P 500...
Just an update of what was sent out yesterday to Daytradingradio.com members