E-mini S&P (June) / E-mini NQ (June)
S&P, yesterday’s close: Settled at 5207.75, down 52.50
NQ, yesterday’s close: Settled at 18,196.75, down 163.00
E-mini S&P and E-mini NQ futures finished lower after a barrage of negative news. CPI for March was a touch warmer than expected, coming in roughly one-tenth higher across the board before a poor...
REPORT HIGHLIGHTS:
The fourth bitcoin halving event, scheduled on or around April 19, 2024, heralds a significant transformation in the cryptocurrency landscape. This halving, marked by the reduction of bitcoin supply subsidy, the emergence of a liquid investment ecosystem via CME Group futures and options, the advent of spot Bitcoin ETFs and the introduction of...
After our strong breakout yesterday, we were expecting a retest of our symmetrical triangle pattern.
We have gone a little lower than a perfect retest, but I believe it is to fill the gap we created on CME. A daily close above our trendline would indicate a successful retest of our symmetrical triangle and also a successful liquidity test of the CME gap.
BTC retesting the top of a previously broken daily symmetrical triangle and is forming a falling wedge as it does.
Long on breakout of falling wedge with initial target being MPO for wedge and second target being MPO for triangle
This is the CME chart where we can see the Bitcoin GAPs.
In the range of 66360 - 64190 we have a GAP that may be filled.
We have also had a bearish CH and the price has reached supply.
If the gap fills up, it's a good time to look for buy/long trades
Bitcoin has once again surged to new heights, hitting the anticipated target of $62,000. As traders, it's crucial to reassess our strategies and expectations in light of this milestone.
Technical Analysis: Following an extended bullish run, it's reasonable to anticipate a slowdown and a potential pullback. Taking profits at this juncture might be a prudent move....
BTC Future price is ranging at the top of his historical price range zone.
We feel that there is a potential for the price to just leave earth and go beyond easily and at the same time deception can occur with possibility to see the price squeeze down buyers before going in its potential historical run up to new highs.
This is when DCA or Entry could potentially...
A very distinct pennant formation on Bitcoin. Pennant patterns are more often continuation patterns, and not reversals, especially since there's not earnings report with crypto unlike stocks.
Something to watch out for next couple of weeks,
cheking btc waves in the neo Method
btc (irregular)
wave 3 continus
btc is currently in 2_ hour time frame load in abnormal contraction triangle .
it is expected that the minimum time similarity will happen at the same time as the previous rising wave .
logic
_self-defining
self-confirmation
:)
