gaps still need closing, first the top by a wick, bottom by a full candle
As we all know bitcoin has been consolidation in higher tf like the daily but the question now is will it survive a bullish momentum or a redish momentum ...see my analysis to the 8k level
yea had lots of cme backing before now, something to consider
Whether Bitcoin CME Futures closes over or under the D 55 SMA today (brown line) may prove significant for the coming week or two. If price closes under the D 55 SMA, it means that price could move down and find new support at the 100 EMA (dotted green line). Price could then find a lower target of around $8200 within a week or two. Bitcoin CME Futures would thus...
Hi everyone, As we can see on chart BTC CME FUTURES cross MA 50, next stop MA 100. RSI, S RSI, MACD bearish.
look past what people are telling you, we have more than one gap
First hit the CME gap below $8900. Then bounce it to new highs! COME HOME, WHITE MAN! bitcoin
Gap 8475 - 9065 Weekly Futures. BTC1! Circled weekly doji candles in the gap zone. Price stayed in these areas for the entire week, price memory within the gap. "Gaps get filled" unless it's Netflix. Will BTC Futures fill the gap?
BTC1! CME FUTURE GAPS UNFILLED 06/27/2019
Futures traders filled the gap down to $8,230, watching to see if that level holds as support now.
We have another gap on the daily BTC futures chart, looking for a fill down to at least $8,230 and a test of that area for support.
It's not textbook but it looks like an ascending triangle could be in play here. Breakout with a close above 8,400. Looks like it might happen soon, DI is in positive territory and the buy pressure is overpowering sell pressure. ----------------------------------------------------------------------------------------------- The buy and sell pressure indicator...
Very large gap on the CME futures chart. Gaps tend to get filled, so expect a dip back down to $6290 as futures traders who were unable to sell into Saturdays strength now have the opportunity to do so.
In traditional markets gaps usually get filled. Bitcoin is a 24/7/365 market, but CME trading is not following the same hours. So far most gaps have closed but there are two bullish gaps left open. If the price doesn't go near 6190 before the CME markets open again, then there will be a pretty decent bearish gap that will have to get filled eventually
Bitcoin got a major push last night to the upper limit of our rising wedge. We were expecting a pull back, but insofar Bitcoin has continued to rally without coming back down to give us a good entry. Unless it has a good set-up with a high R/R (risk/reward), I don't like to enter. Many of the altcoins have been presenting us with great R/R's, which we have...
Look at these boxes and how they affect price action and range. Wow bitcoin, very cool. When charting gaps like this, turn off magnet tool and enable "indicator values" in the chart formatting options so that the OHLC of BTC1!'s candles are viewable. Then use your preferred tool to create levels. Do note a majority of these gaps overlap due to their nature. In...