Downside levels on 1d and channels on 15m to trade tighter range. ATR on 15m to access and estimate volatility on intra tf. DMI on 1d and 15m to gauge strength of trends. Tread lightly and make bigger product in tighter ranges. Appreciate the risk. Secure profit. Note: Unsure if realtime VPVR is permitted for publishing. Tag me in gen pop if you want a screenshot.
Very bullish going into the weekend.
The market has formed Douple Top pattern, and falling down after regulatory crackdowns in Japan and the United States. Coming today, price broke the neckline of Double Top and now testing it before further fall down. Highly risk for long positions here, look for key zones to short
Bitcoin Futures BTC1! CME Near Date The futures chart is showing some of the clearest trend lines at moment so is worth a look. Price action yesterday has not helped the bull cause. The chart shows Bitcoin is still in a very precarious state. Yesterday's fencing battle with thrusts upwards and spikes down was by turns dreary and stultifying and mixed with...
So far Bitcoin futures have been following Bear Bat pattern to the letter. Couldn't break pivot at 12051 for more upside and fell back. Waiting for break at the 20 day MA for more downside. Doji below last up move suggests further downside.
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.