Once the gap is closed I expect the price to consolidate for a while and then move down towards the unclosed gap on ~$21000
the supertrend strategy on Bitcoin or TSLA simply apply this indicator to your 30 min chart now is a time for long bitcoin but in the bear market the strategy also performed very well on short trades...
In reference to CRYPTOCAP:BTC Majority vs Row Partners, were: Bullish mid April We were sellers Bearish mid June We went TRADE long Bullish July We were cautious and turned bearish August Extreme bear early September We were cautiously bullish, turned bullish in October, ADDED LONGS Hodl #BTC for the moment as it still looks good, but we may shave some off...
The first CME gap that wasn't filled yet, now has been filled. We probably see a pause now in Bitcoins recent climb, before we rise further to around 40K (.618 retrace) After that I expect a rather big drop... but not below 20K anymore.
Upthrust towards 35,925 gap, as foretold in earlier post this week, came sooner than anticipated. This convincing move above previous 2023 highs has placed us in a new range, which is 28,535 to 42,140 (first quarter to mid of the entire move from peak to trough). Mid for new range is 35,337.50. CME gap immediately above remains unfilled until 35,925...
BTCUSD Hello traders, welcome back to another market breakdown. In this video I give my opinion about Bitcoin's chart. Trade safely, Trader Leo.
Two CME GAPs to Fill Sell the GAP between them. $31k to $33k
It seems that sardines never learn, unfortunately many will be stuck at the top again... BTC is clearly in a falling wedge and should return to the support line that has been coming since 2018, this will be the best time for you to fill your pockets and then Yes, think about the moon! This is not investment advice!
Another target hit as the CRYPTOCAP:BTC GAP was filled. Not sure if we keep pumping now, but holding for now. Still think that a low to mid 40k #BTC is a likely possibility. Maybe even this year IF the volume keeps picking up. IMO very likely. Monthly #Bitcoin looks VERY GOOD. We see the RSI as healthy and is that a Bullish Crossover about to happen?
Good Day, Last nights Price Action saw the closure of the last weekly CME Gap left during the bear trend. This opens the door to new price discovery. Current price action is between fib retracement levels and it would seem probably that we see a move at least to the 0.618 over time. I have also recognised BTC's previous 2 cycles finding high points at the...
As you see on the chart, there was very important #CMEFUTURES gap at 35 - 36K area which was opened in #luna collapse times. Now, #btcusdt price has CLOSED this historical gap and what now? It' s too early to say #btcprice will go on through the #bullrun or " BTC will directly go to close the OTHER historical GAP at 20 - 21K region!.." Now, just relax and watch...
Kuwa mwangalifu! Cuidado! Be careful! Pas op! CME Gap has been filled!
Now BTC CME Gap is filled. This trading plan incorporates mechanical strategies along with smart money concepts. Please be aware that investing in FX, Crypto, or any financial instrument carries inherent risks. It's advisable to consult a financial advisor or conduct thorough research before making any investment decisions.
Headlines read Blackrock spot Bitcoin ETF lists… This application will not have an answer till after the new year…. DYOR for facts and don’t trade on headlines. Meanwhile the short liquidations are brutal beyond belief. I don’t believe the head and shoulders pattern is negated unless we close the week above the close at head. (32kish). My bet is that we will not...
Banking Crisis and Technical Rallies If there is one thing that is fundamentally bullish for crypto its bank failures. Crypto was built for this: banks becoming insolvent and the inability to trust the Fed or a third party to secure your wealth and value. And we have gotten nothing short of a major rally over the past few weeks on the back of what has happened....
CRYPTOCAP:BTC must begin to break above this area in order to annul the ominous head & shoulder pattern that it is forming. RSI looks pretty healthy at the moment. Volume has been heavier than recent with slight buy bias. CMF = $ Flow looks mediocre. However, there's a small increase. Weekly, #BTC has not closed above 31100 for all of 2023. A close above could...
Bullish: 1. W1 C&H, tgt 41,260 2. D1 gap ~35,500 3. Possible continued bullish action if DXY drops. (Looking soft the past few days, but has possible TA tgts up to $130-ish.) Neutral: 1. USDT is in a symmetric triangle on HTF. Bearish: 1. unable to break above Jul 19, 2021 low wick range 31,760 - 29,215 (yet) 2. poss H&S forming, tgt 21,455 3. D1 gaps below...
Previous two upthrusts this year, in April and July, have fallen short, but I believe this 3rd ETF hyped one is setting up to fill CME’s 35925 gap before end of year.