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...
BTC1! is in falling wedge at falling channel support after printing a diamond pattern on the CCI. RSI in a descending channel and bouncing of support.
Breakout of the falling wedge has a measured move of 39.8k which will close the two gaps at 28.8k and 35.6k.
Timing of micro fractal in terms of fibonacci ratios.
Golden Ratios are colored orange and yellow.
Mid point of similar market behavior of a wave is at similar levels, which is a sign of upcoming reversal for a at least a pullback as a reaction to previous decline.
Since most of the time the trades are carried out by algorithms, we can say that the fibonacci...
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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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...
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...
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...
Hi, this is my idea about Bitcoin from 31/3 to 1/aug
If BTC go above 46k, this idea may faild. And if this situation happen i will update after BTC hit 48/53k zone
Wave: 68 => (18-20) => (53-60) => 31
👽 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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See other ideas below too!
#Bitcoin CME GAP Chart:-
Which GAP Filled First:-
UP Side GAP:-
CME GAP $28740 = Unfilled
CME GAP $35180 = Unfilled
DOWN Side GAP:-
CME GAP $18470 = Unfilled
CME GAP $11205 = Unfilled
CME GAO $9665 = Unfilled
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...
Hello everyone. Today we’ve prepared a comparative technical analysis for S&P500, NASDAQ, and Bitcoin in macroscopic perspective by observing daily and weekly charts. Line charts for future commodities from CME were used which are ES1, NQ1!, and BTC1!. Also, in order to observe possible trend reversal signal, RSI indicator with default length of 14 was referred...
What is Bitcoin?
Bitcoin is a cryptocurrency. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the need of a central authority like a central bank or a company. It is unlike government-issued or fiat currencies such as US Dollars or Euro in which they are controlled by the country’s central bank. The...
![BTC1!: [S&P500, NASDAQ, and BTC] Can't you all three be bullish please?](https://s3.tradingview.com/s/sUmPZkVn_mid.png "[S&P500, NASDAQ, and BTC] Can't you all three be bullish please?")
CME
