Hey lovely people , Welcome to part 2 of the PERFECT FIB After all the hate comments and a time of indecision we finally dropped towards my TP (0.618 FIB) which right now exactly corresponds with the blue MA line. Now I'm waiting to see how it will respond, If it goes below the MA line with a daily close I will be crazy bearish. If it bounces off I will see...
Hello and welcome back again. As you can see from my previous post, the FIB line acted as perfect resistance killing all the poor NASA moonboys. Even after a retest of the level the moonboys got crushed like some dog snacks, before even testing the level. Now i'll be quick for the trade setup that I will be using for a NO RISK trade with big gains :)! If you...
The dump today didn't come as a surprise, well it didn't for me lol ;) You see, the way I do my TA is different then the rest of the sheep. Everyone knows that there are CME gaps to fill and those will get filled no matter what, but the fun part is, they are finessing everybody while doing it. Everyone was bearish when bitcoin was at 9100, where is that energy...
(Sorry for this mobile post. Its because vacation ) when is the start of most bull cycle’s? Right! When everyone is talking badd about it. So now Altcoins have a really badd looking. So this can be the moment when it start again. Many alts are capitulated. Letsgo. And join the Alt run up. (Hope so) Bitcoin time to cooldown and fill gaps. Share your idea! ...
Using VPVR the 21, 30, 100 & 200 EMAs on the BTC.! Chart it's easy to plot areas of possible up or downsides by looking at the strength of volume or the lack thereof and whether or not the notion of a drop or pop is supported by the EMAs.
We can see price action has broken back above the yellow horizontal double top neckline keeping us safe from a dreaded double top breakdown for now. We are also once again back above the top trendline of the falling wedge which previously had a fakeout breakout but this time around could very likely reach its breakout target(which from this spot on the wedge is...
There are gaps in the charts of Bitcoin CME Futures. These gaps are often closed later and offer ideal correction targets. They can even help to show where a low point could be. Here we see a target at 8515 down and up 11195. So it could be that we go first up and then down or vice versa. Let's see what happens. Happy trading. :-)
Price pushed away from the border _ indicated by a blue rectangle. Goal up to $ 11,000 - $ 11,300. By the way: STEP beyond STEP overlap gaps, which I wrote about earlier (t.me/igorporokh1/864) Let me remind you: Bakkt will start testing its platform on July 22 (t.me/igorporokh1/920) When do we go to overlap the lower gap? It's a question of time. At present,...
I think we sill have another leg or 2 to break up but these gaps on the CME are alarming....mainly because traditional stock charts tend to always fill these gaps eventually and looking left on this chart we can see that any gaps in the past on this futures chart have indeed ben filled shortly thereafter. While I don't believe filling the gaps is an absolute, it...
Hi, bitcoin market has been pretty boring this few days. As my previous post, I have already mentioned that BTC will start retracing this week and will likely to continue for the next 2 weeks until the $6k mark is reached. In this chart, looking at the BTC/USD chart, we could see that there's big gap has not been closed since the gap up on 10 May 2019. A gap must...
Stop Loss: $197.25 Risk Reward: 4 Target: $169.77
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...
If you follow CME BTC Futures, it is common that any gaps between futures close/open are filled by either a pump or a dump. According to the latest futures gap, we may see 7200-7400 at some point in the near future (pun intended). This is my idea, not yours, don’t do as I do. Not Financial Advice.
Good morning, traders. We have had a rather uneventful weekend which has been upsetting to many as the market has not provided direction. Tether Bitcoin pairs continue to print a premium over USD Bitcoin pairs. CME futures printed a gap at $5500 which will need to be filled, however this could come after price moves down first. Bitstamp has a 1H gap around $5400...
Our first target would be covering gap on CME around $3860 price zone, then we should go test $4000+ again if BTC won't broke support.