The statement "Keep it simple" plays an important role in the market. Cause you do not need to think deeply about the next move. The only thing is to set a simple true and acceptable system for every market. Backtest it with every single market, whether it is Stock market or Curreny market. The selected system may not work in every market. So keep learning, keep...
Bitcoin futures price on CME (BTC1!) for near month deliveries has formed hammer pattern candlestick at $8585 levels, ever since then the underlying price has been rising constantly above 7DMAs (Refer weekly plotting. For now, the rallies have spiked above 7DMA with bullish crossovers, we see stiff resistance at $11,799 levels. The above bullish pattern is...
Bitcoin. Clock-Work 05:53 est another 01:00 gmt low, another at 06:00gmt. And high at 10:00 - right on the upper parallel where longs who bought at 6am have closed out for 450 points - day's work done. Now has to climb above the upper paralle and hold there on retest once broken to turn back to bullish again from here. Unlikely in very nearterm but it's...
BTC has obviously broken upside of rising pennant as noted on FEB 10 post. It has now formed a rising channel pattern and would expect it to continue its rise bouncing around the pattern at critical pivot points. Stops and entries can be utilized in this manner as well depending on trading time frame A break of lower black channel line prior to 10200 and...
After revisting the post and moving lower trendline to coincide with tails as opposed to candle bottoms it appears the pattern did not break down and only retested lower trendline, The pattern has now broken out to upside and met R1. Lower trendline moved to tail bottom kept pattern complete and not broken to downside as prior post stated. Rising pennant has...
Hi, friend. This is Bitcoin Futures (CME contract) analysis. I think we must to analyze it, because this instrument plays an important role of bitcoin priceformation on other exchanges. Also, the volumes on the Bitcoin Future is constantly growing and more institutional investors are entering the market. What we see now on BTC Futures? The price has reached...
Short target 1 was hit and now BTC futures forming rising pennant pattern on 1hr. The pennant is normally a continuation pattern but quality diminishes considerably when rising so confirmation of breakout would be advised. Concern is high volume reversal on bullish bars at each rising upper trendline touch. Bearish reversals each time it tests the upper line....
BTC1! Hi everyone! I see a nice situation to open a short position on market in BTC1! also we see a similar view on crypto market in BTCUSD ... be carefull
BITCOIN FUTURES BTC1! Back to the Futures Yesterday's comment referred to the 50% rally from 6000 to 9000 and just a little higher - Major Gann and Tesla numbers. Weekend comments also referred to Bitcoin Futures prices and the key reistance range stretching from 8971 up to 9224 and the problems Bitcoin will likely face on encountering this...
Bitcoin futures short trade. Target lower channel, Stop above channel. Conservative could stop out on close above moving average. and take profit at trendline.
Bitcoin futures short trade. May be another push to 8675 area, ideal short position on reversal. Target lower channel, Stop above channel. Conservative could stop out on close above moving average and take profit at trendline.
This spike in CME June BTC futures seems consistent with the previous idea that these are ideal accumulation levels.
This is neutral chart on a daily BTC CME futures, i wanna see what chart is actually leading the market right now, mid of February is very important days to follow on your calendar because of second contract execution.
Parece que estamos cerca a presenciar el rebote en BTC...la chart de 2 hr nos muestra un posible falling wedge, que una vez roto a la alza, tendremos la confirmación para entrar con largos...IMO, gl & gt
Main trend on BTC Futures is down. Expecting short term pullback to downtrend resistance line and than they will short us again... And they will try to short it on each resistance. RSI bottomed to get another bearish momentum MACD bearish
Bullish gartley target remains at 7500 area $BTC.X, $BTC_F