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 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
FUTURES BTC1!
STRONG TENDENCY LOW, DAY 31.1 I DO NOT RESPECT LEVEL 10280.0 $ CONSECUTIVE EVERY 3 DAYS.
WE FIND A DOUBLE CEILING BEGINNING BETWEEN SUPPORT 9545.0 AND RESISTANCE 10280.0 WHERE THE PRICE CROSS 50% OF THE FIBONACCI UP. IN ADDITION TO A LIGHT CROSS BETWEEN THE EMA (8) AND MA (21).
HOW TO OPERATE IT: WAIT FOR THE TRAINING TO BE FINISHED AND TO ENTER...
BITCOIN FUTURES prices are approaching 11843 resistance price point for the fourth time this Month Jan 2018. Its been on this path since 16/1/18 after prices collapsed below 12793 support price level. A break above the current resistance could see prices head up to around 12793.
Quick short term update on the CME BTC1! (Futures) market.
We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume.
Support for Bitcoin is still at $9k to $10k on the shorter term and...
