Hello,Traders!
BITCOIN is trading in a downtrend
In a falling narrowing wedge pattern
And after the coin retests the resistance cluster above
I think we will see a further move down
Sell!
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I found Completely unfilled 06 CME Gaps all the way in this market cycle up to date. The lowest Gap is 9665$ - 9925$. The Highest completely unfilled gap has located in 60,165 $ - 57,750 $. This highest gap was almost filled by a wick up to 59,990$ but still remaining as a completely unfilled gap. Since previous days there was an idea among most of the traders...
The Bitcoin CME gap, also called the “CME gap” for short, is the difference between the trading price of Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday. Unlike cryptocurrencies, traditional assets do not trade 24/7 around the clock. Most traditional exchanges follow normal working hours and close on holidays, and the CME is...
Wave–particle duality is the concept in quantum mechanics that every particle or quantum entity may be described as either a particle or a wave.
Basically has 2 types of behavior.
Duality concept is present in Financial Markets
We have 2 directions of outcomes of the market activity.
UP and Down assumed as Bulls and Bears
Whatever we see on a chart is...
Hello friends, I am showing you the CME gaps I circled for Bitcoin (BTCUSD) on a 1D linear chart that I was able to spot. The CME gap is the difference between the trading price of a CME bitcoin futures contract when the market closes on Friday and opens on Sunday. The reason I am showing this chart is because though CME gaps are formed, the price tends to get...
Hello,Traders!
BITCOIN was trading in a local
Rising wedge, but then retested
A horizontal resistance level
And broke out of the wedge to the downside
So I think that after the rebound and retest
We will see a further move down
And a retest of the support below
Buy!
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See other ideas below too!
Waffling around 20k like I posted, but I just wanted to warn people that Euro inflation numbers were terrible and the ECB is talking about combating inflation. I did not factor Europe into this chart, there's a chance it heads to 12k sooner than I expected.
Don't time your buy based on a price point, wait until ECB and the Fed stop raising rates.
The Bit has sh_t.
Crypto Winter sees its fourth snow drift
pile up and bury the Tribe.
At some point, the Con will be an EPIC Buy.
That is very well below and many months away.
Eron, Cathi, and Michael - the Triad of failures
are "hopeful"...
Yeah, we're not and after having projected the
High between 69-75K, the Con was set to fail.
The truly disturbing...
Last CME gap to be filled
We attacked lower sub 20k over weekend
Now it's cleared on the channel to fill with out going outside of the channel
27,400 is the next then the one above that
Watching daily RSI to stop from going sideways
Will flow with relief bounce if we get it
week started today and will be updating idea
CME:BTC1! price can test the 3D demand zone in the next term as the next price target.
I also think that there will be more sell-offs in the next days since the macro conditions are not supportive and crypto market news flow is also not positive.
Although I am not sure whether this demand zone will hold or not, (if holds) then there will be a consolidation...
👽 BTC CME GAP
Next in line is the latest price gap, 14% lower from the current price ($21,200 at the time of publication).
Important! The CME chart is different from the usual. On BTC CME the price never dropped below $19,600 ✌️
Hello,Traders!
BITCOIN has formes a bearish triangle pattern
Which makes me bearish biased
And I think that IF we see a bearish breakout
Then the price will fall further down
Sell!
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Fibonacci Support & Resistance levels.
Triple Cross UO
OB < 60
UO < 50
UO2 < 50
UO3 < 50
=> Oversold condition of the market
Some spike can be expected for short-term moves.
Mid-term perspective depends on patterns and behavior of the market near blue separator. By the time price enters green zone braking out of blue separator, bears will be shaken...
CME
