BTC has broke a strong support so, it likly to be in fall stage, it can go down around 39000 and even more
so pay attention you wont afford this fall more longer.
the worst scenareo is reaching around the level 25000
As i said always, we do not have a cristal ball predicting the markets future but we try to be more effecient and more rational...
fibs are set to default mode:
a - a.236 - a.382 - a.618 - a.786 - b - ...
a - a.272 - a.414 - a.618 - b
Current default mode has more units to cover group of patterns which contributes to higher visualization of logical consequence of fluctuations and interconnectedness of market volatility to the nature of fibonacci phenomenon.
Any impulsive wave...
The “Bitcoin CME Gap” is the difference between the trading price of a CME Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday.
In 77% of these cases the retracement occurs in the subsequent week, before the next CME market open.
No matter which type of trader you are, never forget: “mind the gap”.
Last week we printed a CME bearish gap. For those that don't know what a CME gap is, it's a gap in futures trading values. The old adage "THE GAP MUST BE FILLED"... the market has a tendancy to fill these gaps... IE - gaps can predict the market. We filled the bear gap to leave a big ass bull gap. Let's go forth and FILL THE GAP!
Recent price action as created a new CME Gap in the respective charts;
Based on current price date we can see this may be a gap which easily can be filled. I will be starting open small Long positions with expectation of this being filled within the week.
Expected entry: Below 48,000 - up to 47,000
Stop Loss - 46,000 - 45,000
Take Profit: Above...
we filled the cme gap, and our system is picking up some nice buy signals down here,
while it may look scary for some,
it looks beautiful in the eyes of an opportunist.
wave C target= 60.5~61k.
When looking at the 6-month delta between BTC futures contract in Dec 2021 vs. Jun 2021, it appears to provide a forward-looking sentiment of the current BTC price action.
The Dec-Jun BTC delta line crossed above BTC reference line in Feb 2021 indicating positive forward sentiment.
The same delta line crossed below BTC reference line in Mar 2021, even though BTC...
Trader, Bitcoin (BTCUSD) consolidated for some time and then showed a little strength. This strength can be deceiving just to create all time highs and completed an extended W pattern which usually is a bearish pattern if confirmed. This is not the right time to buy BTC1! as it is close to the reversal FCP zone and a psychological 70K round number. Better place to...
this is freaky... keep ur McDonalds application handy
the RSI levels making bearish divergence? uh oh, did we already top out?
will we make HL on this daily tf to pump up to new ATH?
these gaps cant be ignored ...
there will be booolish gap created sunday provided we dont rip up to it before CME opens
Hey everyone. Hope everyone is doing well. THERE REALLY JUST ISN'T ENOUGH HOURS IN THE DAY ANYMORE! I've been busy in one way or another lately and am just now getting an opportunity to get to some other hobbies of mine.
SO THE MARKET TOOK A DUMP on some "NEWS" as usual however BTC is still holding above some key levels!
In the chart here you can see the BLUE...
According to the past, 90% of CME gaps have filled at least by a spike.
Okay what is a CME gap?
The gap is the difference between the closing and opening trading prices of a CME bitcoin futures contract on Friday and Sunday. There are no trades between Friday's closing session and Sunday's starting period, resulting in the gap. The gap can also...