Today's rallies of bitcoin futures on CME are not confirmed by technical indicators, you could easily observe that despite gap-up trading in the recent past, the bears nudge prices below DMAs with bearish crossover, the occurrences of back-to-back dojis followed by bearish engulfing pattern candles.
From this price behavior of the cryptocurrency avenue, it ...
BTC has a rather larger than normal move over the weekend
We saw price take another leg lower hitting the $3,400 region
That did cause a gap down on futures BUT it was short lived as we popped right back into the void and have now filled it
We continue to remain below both EMAs and below both monthly opens at the moment and until we can regain either/or both, ...
Since futures trading began in December of 2017, no gap has gone unfilled in the futures trading market. To me, this could mean one main thing - Institutional traders are in fact here, and they are winning big. They are hedging their spot positions in BTC with options to guarantee profitability. Whether or not my interpretation of this theory is true, the fact ...
BTC has finally come down and closed its first unfilled gap, which was previously mentioned in our charts
We are very near to closing another one right below, which at this point seems very likely to be the next one filled
A close below the SFP around $3500 would most likely result in a retest of lows so that is something to consider to bulls
We have found ...
As we’ve been having conversations with all kinds of players within the cryptosphere, we’ve noticed Index Fund managers as well Miners who are long-only are looking for additional sources of income.
This piece will be to educate them in a potential CALL WRITING strategy that can satisfy their need for additional income. When entering a CALL WRITING program, one ...
BTC has continued its uptrend over the past few weeks but has been leaving a trail of gaps behind it
The most recent one being from 3990~3875
We also have 2 others below 3685-3650 & 3165-3150 and another one higher above 4410-4375, which coincides perfectly with the 48EMA
Whether we clear the higher one first before trending lower or return below to pick up ...
Pennants and wedges are completely the same as the triangles in trading. Something you have to be careful about is that you should not rush and take a position as soon as you think that you have found a pennant or wedge. You have to wait for the market to develop a complete pennant or wedge. Then you should wait for the pennant or wedge resistance (in case of a ...
If support is found at the 3450 area and then the 4400 gets broken that would look like an inverse h&s , but if we slowly descend from here we could full retrace to 3100 and if support is found there, and we break 4400 it would look like an adam and eve bottom.
I expect it to be temporary and not break 5600. Gaps will be filled
2k someday
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
CME:BTC1!
