It is a long way down and obviously it will not be a straight line down. But I envision a leveling off then a mega dump in the future.
Price is following a narrow downward channel similar to the upward channel that it was in. Both upward and downward channels are bound by the 1H 200ema. In the upward channel 1H 200ema acted as support, in the downward channel it flipped to strong resistance. $9255 is very strong resistance, a break above it is relatively bullish because there are more resistances...
Nous sommes de retour dans une zone des prix très attractive pour le bitcoin et beaucoup d'intérêt pourrait se trouver ici. Dernier gap CME comblé sur ce pic de volume vendeur, maisntenant un énorme GAP se trouve au dessus de nous. De retour dans ce range d'accumulation énorme qui avait été break en Bear trap vers fin 2019, si nous cassons par le bas ce range...
Also on BTCUSD, but it appears patterns are clearer on the CME futures. Target $9570 top of the 4H cloud. $9295 is very strong resistance, price might not penetrate it.
The CME futures shows a head and shoulders that is not clear in BTCUSD. CME Also shows a W formation which is bullish. While BTCUSD has a clear fallen wedge and broke out of it which is also bullish. Combining information from both gives a clearer picture of what will happen. Now obviously the trend is up. But on the CME, $9323 is a very strong resistance because...
Bonjour à tous, situation très intéressante sur le bitcoin et bitcoin sur les CME futures. hier nous avions un gap autour des 10.400$, celui-ci à été bien comblé sur cette mèche et quelques heures après un énorme dump est survenue sur le marché en créant un nouveau plus bas dans la dynamique de marché. Nous pouvons remarqué un canal d'expansion se former presque...
I believe Bitcoin is setting up for an amazing run in 2020. Back towards previous local highs of 14,000 and perhaps much higher. I am aggressively Long Bitcoin once again All ABOARD!
Could be start of a new uptrend wave from this area: low vol + range
Discovered another Gap on CME chart near 8500 level. There is a big chance for retest of $8550 or something near it to complete corrective structure of 4th wave on chart. 1h picture: Another 1d guide: This was update to
there are three gaps to be closed. Price will come back to these range sooner or later.
Price made a Gap at BITCOIN CME futures,last time when price created a Gap it fill about 60-70% of the Gap, let's see if price can fill this Gap or not... Push LIKE & SUPPORT the Idea... - Always do your own research before opening positions... *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose...
High risk trade. 1 Everyone is bullish 2 shorting crypto 3 shorting B?TCOIN So if you are long, maybe tighten those stoplosses. Take in some profit. Let’s see if it’s moon time......... or, if b?tcoin just “mooned” us. We’ve broken below the 200 simple moving average on daily followed by open and closes below. 200 is still closing higher, 🧐 keep an eye on this...
Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade! Hidden bearish divergence confirmed on weekly close. Below 200 simple moving average. Bearish Harami-esque candle pattern. Price action leading into weekly close was strong. As strong as general consensus on where crypto markets are going.......... “to the moon”. A...
much clearer on the cme chart. Looks like a bull flag. if bullflag plays out, its measured move is 9.7k. It will close gap at least. If it cannot breach resistance of the downward channel it will drop significantly to at least 7.7k previous idea, I discussed that BTC can dip further than my targets
Inverted inverted head and shoulders appearing. Target price near the upper end of the CME gap. Will it be filled though? We have major resistance on the way up, so for me, if it is to fill, it will be a flash fill before crashing back down- unless it can close above the major EMA's on the daily. Thanks The Gatekeeper
For all you CME GAP traders. We have a gap to trade. I always trade them from wick to wick but I see some trade from candle bodies... Each to their own. Have a look at chart attached for analysis. $btc #bitcoin #BTCUSD #cmegap #btc1!