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...
Smart investors boughthe dip. Did you?
After they went short and made good money after the rally was exhausted, but now they are getting in on the long side.
The 30 minute chart shows a good bottom formation against the down sloping pitchfork. The prices are still contained by the sliding parallel line and hence the trend is still deemed to be down.
What is more important is that the RSI is forming a negative reversal pattern which suggests that the trend may still be down. The caveat for this view is a strong...
Bitcoin Futures had a huge positive correlation for its entry point and now the correlation seems negative. This is due to an after entry crash. Also people, aren't sure about this adaptation of $BTC. However, given the recent correlations in prices, there will be some small demand for Bitcoin Futures and it is expected to go up in value the next few weeks....
