I have put some effort into this update of my CME chart, and I believe I have covered everything. Although CMEs do expire, I have marked all of the "open ones" in this case. The main reason I focus on CME gaps is that when I see a price heading towards a gap, there is a higher likelihood of it being reached. So if my take profit (TP) is close to a gap, I would...
Many thought CRYPTOCAP:BTC would sell off hard after this recent run up.
We're one of the few accounts that stated that there was LIGHT weakness & doubtful it would be a hard correction. This time it felt DIFFERENT. The movement was not the same as the previous run up.
#BTC making it's move after the OUTSIDE DAY we spoke about.
Spot #bitcoin is following, as...
CME:BTC1!
Printed an Inverse Head & Shoulders or Cup & Handle as one would interpret.
Critical level to flip is 31.5k. Reclaiming this as support could be potential impetus to 48k $BTC.
Buildup still printing so aggressive traders could already take positions.
If you are new, be careful!
If this level does not flip then possible short position executions...
Bitcoin is currently facing an intriguing situation with two significant gaps in its price chart. The first one, at 35,000, has remained open for over 420 days, making it one of the longest-running gaps in Bitcoin's history. Simultaneously, there is another gap at 20,000, which presents a compelling scenario. Examining the risk-to-reward ratio, initiating a...
Not long ago we posted on spot CRYPTOCAP:BTC showing a weakening signal but we BRUSHED IT OFF.
Why?
Futures #BTC dictates price action & it looked decent.
🚨
We finally have the #bitcoin Flag for the flagpole formation.
IMO we're going to roar higher.
However,
We need to consolidate again & it won't be 2 months like last time.
Broker Prometheum now claims it has a blueprint to bring cryptocurrency trading to the larger regulated market. Prometheum's plan would involve using an exemption created by U.S. regulators 50 years ago to allow trading in stocks subject to certain restrictions. This exemption can be used on a daily basis in the stock market to sell large quantities of shares....
In my previous post I mentioned the approval of the first Bitcoin ETF, it was launched today Tuesday the 27th.
I believe this marks the top, I have been short since the tip top of the 25th of June.
See my previous posts to better understand my thought process and reasoning.
Good luck.
Short term CRYPTOCAP:BTC gap filled on the intraday chart.
Weakness called☑️
Weakness would be weak☑️
Buy volume must remain strong☑️
Spot #BTC likely developed its trend already.
Futures #BITCOIN is also beginning to show the trend.
Weekly shows a NICE flagpole formation.
Is the flag far behind?
Pls boost/share if you like the content.
Hi Guys, Hope you well,
This is CME chart for bitcoin , Usually price fill the gap in exchange that create in CME market.
now we have two nearest Gap First of one in 35000 zone and another one in 20000.
SecondChanceCrypto
⏰27/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And...
CoinShares chief strategy officer Meltem Demirors highlighted at least eight major financial institutions that have signaled their forays into the digital asset space, including BlackRock’s spot bitcoin ETF filing and Fidelity’s crypto wealth management solutions. Others include JPMorgan, Morgan Stanley, Goldman Sachs, BNY Mellon, Invesco and Bank of America....
GOOD MORNING!
CRYPTOCAP:BTC opened @ 30.7 & it is staying above that yellow SUPPORT line. This is good.
1HR chart shows a recent bearish crossover BUT it's fighting to crossover to the bullish side again.
We may see some #BTC weakness here BUT look @ the 4Hr chart. It still looks pretty strong. Hence, if there is any weakness it may be "weak".
:D
#bitcoin...
BTC turning Bullish:
Bitcoin turning and creating higher low at this stage we can consider it bullish and take a long entry with small stoploss of previous swing low.
#Bitcoin CME GAP Chart Analysis
- Current BTC Price: $31,120
- Continuous green candles since June 15th
Two unfilled CME gaps to watch:
1️⃣ First GAP: $35,180
Originated on May 9th, 2022
Price nearing this level
Potential for upcoming gap fill
2️⃣ Second GAP: $20,330
Represents 35% drop from current level
Unfilled, important to monitor
While gap fillings...
Why I'm still bullish on CRYPTOCAP:BTC
What do you see?
Look @ the previous highs, Now look at the RSI & Money Flow (showed here)
Highlighted it for you.
The RSI is STRONGER than it was @ previous high.
This = very good sign.
#Bitcoin Money Flow confirms this.
NOW, #BTC weekly needs to go higher, IMO it will.
#crypto
Hello everyone! Many of you have already noticed that the cryptocurrency market has been experiencing impressive growth recently.
I would like to draw your attention to some potential areas. In particular, I have identified a zone on the chart that has significant potential. It is the $35,300 level, where we can see an open gap. Considering past trends, this...
NASDAQ:COIN Coinbase fud is dead.
CRYPTOCAP:BTC held 25k nicely.
One of the few accounts stating this time was DIFFERENT.
#BTC new 2023 high atm.
#Bitcoin more than likely going higher.
Now you know why we said NOT good to have taken so many profits, yes 2x & some were more but they would be much larger returns now.
Buy volume is still there.
32k next...
CME:BTC1!
CRYPTOCAP:BTC has printed a massive Cup & Handle.
Also looks like an Inverse Head & Shoulders.
Idea tagged as Neutral, as I need to see more confirmation - read below:
Measured move to 48k over time.
Requires Break and Flip of the Breakout level around 31k.
Plan A: Long Break and Retest of 31.5k level - if you're a pro trader you can look for...
