while retail is asleep on this wonderful rain-filled friday morning, the ponzi strikes yet again.
i discussed this exact dip on july 16th\july 17th in very much detail via one of primary scenarios:
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1 - $48335 - $46675
2 - $34360 - $32970
3 - $26030 - $23785
4 - $19075 - $18455
Keep In Mind ❗
🟣 Purple structure -> Higher TimeFrame Structure.
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
CME futures sometimes forms a gap in price and it later get's filled almost all the time.
Currently we have gaps at 33K and 25K
With BTC being bearish lately ( ignore this week green candles after fake #AMAZON news)
it's starting to look more and more like my original idea is at play.
this is the final phase of distribution before they pull the plug for the drop to the actual wave 4 algo target.
this recent rally was Wave A of the larger a-b-c structure, part of an even more complex double \ triple 3 which begun to take form on June 21st.
one of these days we will go down...
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”.
So many people are about to get caught in this double zig-zag, thinking that it is a reversal to new highs. I'm here to warn you that we will not be making new highs on this aggressive move to the upside (to 39k) in the coming days, but rather it will be the final phase of distribution before MM dump the last of their bags on everyone. Don't get caught in this...
I've been exploring CME Gaps for sometime. Here in this chart I go through several of the most outstanding gaps left in the BTC market.
Tonight was a wonderful example of how CME Gaps can lead you astray. Generally speaking, CME Gaps are filled relatively quickly, and or the gap price hovers closely over the weekend, so the fill almost goes unnoticed.
Everything is in Graph, just follow the clouds and stay zen for now.
This analyse is based on Weekly TF, less noise and more clean movements, i just used only ichimoku cloud as indicator.
After bears tried multiples time to down TheKing under 28k and failed constantly, we could get soon a new green market.
Of course we could get a trap with a bad tricky news...
Price action printing a bearish descending triangle in a downtrend and in a descending channel. Price action coming to the end of the triangle in a few days. Many gaps needs to be filled below. Reminiscent of February 2020.
i made a post awhile back discussing one of the biggest scams to ever take place in the history of btc.
we're finally up here in this range, with a strong rejection from the original area i had imagined.
the bears are excited right now, and are trying to short this, and that is exactly what the ponzi needs to expand higher.
how high you ask?
well, there's a...
double zig zag into the wave b.
target = 39k .
grayscales average is at 40k, they're gonna get the price up there before dumping their bags.
this idea takes us to their average, perfectly in confluence with the 100\200ema on the daily, right in time for the bearish death cross
weak wave b-> followed by capitulation into wave c (maybe even an...
Hello my friends!
Will the CME price gaps be filled soon? We have one between 48370 and 46620 and one between 26080 and 24605. Two possible ways: First up, then down. First down, then up. After that the BTC will go nuts ... :-) Btw the annual pivot point is at 21100.
How does this fit with my last charts? It fits. I always assume a minimum halving top at 115 K...
There are Gaps in the CME BTC Future chart that historically get filled up, We have gaps around 22.9k and 29 to 31 might be a range we are doomed to spend time in with low volume trading. Gaps also on the daily Down around 18.6k and 20.9k