Volume increasing without any wash trading ;)
Next year after the traditional january bear month we will come out of the accumulation phase between 1500 and 3000 dollars going back to ATH and beyond.
A close look at the CME futures BTC1! chart tells us that we're still in up trend, clear as day: 1. there's only one clear bottom 2. bull volume is rising 3. we're in a clear upwards channel 4. we're above EMAs, golden cross, fanning up 5. divergence on RSI and EWO caused wave 4 correction Bull targets: - 8800 (2.618 of wave 1, 100% of wave i + iii, 100% of...
Hello Everyone ... we can See so many People Saying so many things about BTC ... let's Focus on Charts .. Wht they are saying ? and Keep Things simple as much as we can .... I' m using BTC Future charts so we can ignore bot / btc whales unregulated manipulation ... IF You See BTC/usd 4 hours future chart , you can simply Find Inverse HEAD & Shoulder In...
in chart you can see cme futures control the market and those investor / invest only on bitcoin 3.38% and on this scenario altcoin doomed to fail. vol insanely picking high and this market manipulation with futures is a old joke and old scenario . good luck.
consolidation after inverse head and shoulders, interesting to see what the futures will do after this consolidation, alot of pump up and trading over the 200ema, would like a test to confirm long.
simple and clear if btc can break the yellow trend ((neck line)) the test of gap in blue box area is on play. good luck & if this analyze deserve a like press that. tnx
Filling the weekend GAP in btc futures
Historically all gaps have been filled after some time. Now we have two. One above and one below as shown. The futures close over the weekend so will be interesting to see if BTC retraces back to 5800 to close the gap.
gap in two area must be filled .reaction to yellow trend can show us the pass. good luck. pls give a like if this analyze deserve.
What do you think? It always seems to happen in any market..
Big gap up on futures tells me that pros/institutions are long btc i am expecting a pump to 7k, confirming bullishness if it fails on the 200 ema then should short down to 6k (and further) hesitant to trade the current btcusd as futures look like they are either pumping the underlying for a better price to short or the gap up is long start of a pull back. Will...
Feb low Potential Island Reversal Lev funds flipped net long this week
I feel comfortable with yesterday’s, 25th June, #volume of #bitcoin futures. As shown, contracts expires Fri. 29th and this is where most likely distribution would happen the most. The down trend started early May and #technically at boundary of wedge. So far, gives more odds to the upside within 10-days trading at most. 70% UP (Breakout of 6350, spot price) 30%...
Until now, Day trading of #futures $btc1! with the #volume associated looking reversal. But need more time to be validated. We need to see spot market #BTCUSD breakout continues to new highs with other major #cryptocurrency. Note that: #RSI Breakout is valid positive signal
Baised on BTC1 futures printing a new low on friday, btc will most likely hit 5500 - 5200 after a minor pull back. generally not looking good for btc long term atm, brave longing pull backs at small time frames, better to wait for 200ema touches for shorts.
Interesting pictures, as well as the actual channel in bitcoin
It appears that June BTC futures may be setting up an intermediate-term low at 6100.0. The weekly opening GAP at 7100-7500 has not yet been tested. We may see a return to this area in the coming sessions, possibly over the weekend. Here is the plan: 1) Entry: Buy 6705.0 2) Stop Loss: 6435.0 3) Profit Target: 7140 This is a long-position trade that will go live...