GREAT NEWS for $BTC! #BTC buy volume came in on that dip a few minutes ago (Looks like shorts were part of that - they could be hurting soon if they don't cover) Intraday the "long term" down trend is still there BUT now is a good a chance as any for it to end. Furthermore, #bitcoin daily broke up trend. HOWEVER, weekly, depending on where we close today it...
Simple and straight forward. Wait till the CME futures gap is filled (around 20k), then long the crap out of btc. In the meantime feel free to short it!! Just be careful, actual btc may not drop as low while futures may do a very quick dip to 20k area before bouncing hard. Close to bottom is better than exact bottom of the dip. Cheers!
CRYPTOCAP:BTC Chaikin Money Flow is INTERESTING indeed! You can tell when the top was forming. Since then that top, we did call it, #BTC has struggled pretty bad with small pumps here and there. However, look @ it now CMF has been creeping higher, slowly. We could be very close to a #bitcoin bottom. Want to see CMF north of Zero. Let's proceed with intraday...
We're @ an important junction for #BTC. MAJOR SUPPORT is all over the current area. The following charts show how CRYPTOCAP:BTC has reacted historically in the area. 2022 many tries but didn't break out Eventually in 2023, after a few tries, it would break out. It then acted as support in March & currently. Going further back: Dec 2020 was the only instance...
CME:BTC1! CRYPTOCAP:BTC is still in the falling wedge we have been following for a while now. For Long Ideas: We are waiting for reaction in highlighted Zone 24k to 25.6k for possible target to 30k to 31k zone. For Short Ideas: Waiting on bearish retest of the same Zone and possible targets are 21k, 20k zones. Today FOMC Interest Rate Decision data comes...
all local BTC CME gaps unfilled, still got one at 29k which will get filled before the crash
Spot CRYPTOCAP:BTC looks different when it is compared to Futures #BTC #Bitcoin is struggling here, no doubt We also have to consider that TVC:DXY has been selling off decently The yellow dotted area is going to make or break #crypto
CRYPTOCAP:BTC has been @ #2 for a while now There's nothing to see on the 4Hr chart so went to 1HR We're beginning to see POSITIVE Divergence on the Relative Strength Index (Date that is important) The 25kish area for #BTC is VERY IMPORTANT If #Bitcoin closes under it that's not good Could go as low as the Gap Fill Shorts have tons of ammo if they need it #crypto
We should follow this gap for big orders. Take your risk, make some profit.
I had these levels from weeks ago, I had highlighted the liquidity gaps, first one was already filled but the next one it's a big one which includes a classic liquidity gap + a gap created by CME closure. Historically speaking the closing gaps are always filled, moreover the zone over that it's basically a liquidity gap on daily, on the 4h it contains 2 different...
BTC did a right shoulder rejection and respecting the logarithmic downward trend line. Also, if stock market and tech starts to give out - crypto will follow in the rinse. The news is rather bearish around BTCUSD with SEC filings.
We have 2 main supports - the 24.2k imbalance and the CME gap fill here Let's find out where we land on. Currently im short from the 27k's.
Any phase of the market, no matter how long it lasts, ends A hell of a long and exhausting trade The time has finally come. I opened Short of 05.05.2023 18.59 at the price of 26.000 The previous Long of 06.01.2023 closed at +53% without the use of leverage Let's see what surprises the market is preparing for us this time
Haven't seen 1 account speak on what we've said for about 2 years now, in reference to gov & #CBDC and them not liking competition NOT 1 Many #CEXs have asked for guidance & what have they received? NOTHING! This is NOT about #crypto protection! This is about CONTROL! #DEX #BTC #GOLD #SILVER ANYWAY CRYPTOCAP:BTC still looks good. Pattern we highlighted some...
Yes, bitcoin prices have dropped but it is moving along nicely with our handle... just saying... do you guys see something different? Please share!
CME:BTC1! CRYPTOCAP:BTC is printing a falling wedge on 1D and looks like possible retest at pullback area 25.2k. On the 12h the wedge looks like a bearish retest of the Head & Shoulders which can be viewed here: tinyurl.com You don't have to be in a trade. Let Price show you and execute your edge. Waiting for direction with Plan A Plan B in place. Potential...
CRYPTOCAP:BTC has decent sell volume, AGAIN Sell volume COULD be waning for the moment Best to keep an eye on the pattern & the buys #BTC 4Hr is pretty oversold #bitcoin shorts covered end of May but there's a slight bump atm #Crypto
Price takes out the Buyside Liquidity on Tuesday and now heading for the Sellside Liquidity. Whenever price takes a Liquidity, there is always a Higher time frame PDArray that it directly trade off from and that is the Bullish OrderBlock I want to see price of Bitcoin to take off to $34k from the Bullish OrderBlock Take a Look at my previous analysis on Bitcoin