BTC Head and Shoulder PatternBTC did a right shoulder rejection and respecting the logarithmic downward trend line. Also, if stock market and tech starts to give out - crypto will follow in the rinse. The news is rather bearish around BTCUSD with SEC filings. Shortby justyp1
Imbalance or Gap Fill?We have 2 main supports - the 24.2k imbalance and the CME gap fill here Let's find out where we land on. Currently im short from the 27k's.Shortby reiiss7Updated 115
Short 26000 05.05.2023 (eng)Any phase of the market, no matter how long it lasts, ends A hell of a long and exhausting trade The time has finally come. I opened Short of 05.05.2023 18.59 at the price of 26.000 The previous Long of 06.01.2023 closed at +53% without the use of leverage Let's see what surprises the market is preparing for us this timeShortby mr_Plusoviu112
It's about POWER, not regulation, $BTC still in pattern!!!Haven't seen 1 account speak on what we've said for about 2 years now, in reference to gov & #CBDC and them not liking competition NOT 1 Many #CEXs have asked for guidance & what have they received? NOTHING! This is NOT about #crypto protection! This is about CONTROL! #DEX #BTC #GOLD #SILVER ANYWAY CRYPTOCAP:BTC still looks good. Pattern we highlighted some time ago is STILL in PLACE. Picked some #BTC up after hours last night. Check the BUYS on 4Hr chart. Shorts were not heavy so this is outright BUYING! #Bitcoin still looks good imo! #cryptoby ROYAL_OAK_INC2
$BTC - Cup and Handle?Yes, bitcoin prices have dropped but it is moving along nicely with our handle... just saying... do you guys see something different? Please share!by Skyy9990
Bitcoin Flag!CME:BTC1! CRYPTOCAP:BTC is printing a falling wedge on 1D and looks like possible retest at pullback area 25.2k. On the 12h the wedge looks like a bearish retest of the Head & Shoulders which can be viewed here: tinyurl.com You don't have to be in a trade. Let Price show you and execute your edge. Waiting for direction with Plan A Plan B in place. Potential for: Long: Breakout of wedge with target to 31k Bullish Retest of 25.2k zone Short: Bearish Retest of 25.2k with possible target to 21.5k area near the Gap between 20330 and 21110 Breakdown of current level and bearish retest for move to and breakdown of 25.2k level. 200D MA must hold to prevent further downside. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. by imr4nkh8nUpdated 113
$BTC drop has been expected, 4Hr oversold, bounce soon?CRYPTOCAP:BTC has decent sell volume, AGAIN Sell volume COULD be waning for the moment Best to keep an eye on the pattern & the buys #BTC 4Hr is pretty oversold #bitcoin shorts covered end of May but there's a slight bump atm #Cryptoby ROYAL_OAK_INC1
HOW PRICE OF BITCOIN WOULD REACH FOR $34KPrice takes out the Buyside Liquidity on Tuesday and now heading for the Sellside Liquidity. Whenever price takes a Liquidity, there is always a Higher time frame PDArray that it directly trade off from and that is the Bullish OrderBlock I want to see price of Bitcoin to take off to $34k from the Bullish OrderBlock Take a Look at my previous analysis on BitcoinLongby ifeanyichukwu_E4
$BTC still looks okay, IMO don't listen to naysayersMany are saying #crypto doesn't look good We've called almost every top & bottom this year, so far, & Some have been almost to the hour IMO #cryptocurrency looks okay and is experiencing a NORMAL correction CRYPTOCAP:BTC stuck between 2 trends atm Which one will win? If #1 breaks #BTC is @ 25k #bitcoin sells have been more recently but nothing out of ordinaryby ROYAL_OAK_INC1
Bitcoin Head & Shoulders Still in Play!CME:BTC1! CRYPTOCAP:BTC is still in the head and shoulders. My original idea was posted on this link: tinyurl.com and can be referred to. Price Action is printing a downward channel providing ideas for a possible retest at the 25.2k zone. But the price action stays in the pattern until break of structure. Plan A: Short to 24k and possibly 21k ... (you could possibly get higher entries if the price is going sideways). Plan B: Long on successful retest with first target to 31k and on successful SR Flip to 45/48k!! Step by step - let the price come to you at an area of value and enter on trigger. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Shortby imr4nkh8n1
BTC CME 29000Hello, friends! I want to share the latest news about BTC. Today, a gap was closed on CME (Chicago Mercantile Exchange). Currently, the market is developing according to expectations and the scenario of closing this gap. The levels that remain relevant at the moment are 29000 and 34440 on the upside, as well as 20300 on the downside. It is within this range that my limit orders are set.by CHOWTRADE1
BTC CME GAP UPDATE! UNFILLED CME GAP AT $20K....Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this BTC CME update. Before moving further we must know what is CME gap and how it works. So let's try to understand it first. What is CME Gap? A CME gap for bitcoin refers to a price discrepancy that occurs on the Chicago Mercantile Exchange bitcoin futures chart between the closing price of one trading day and the opening price of the next trading day. How to identify CME Gap? Look at the chart carefully, you will see that last Friday on 26th May Price closes around FWB:27K and after that on 30th May Price opens at $27.8k which will leave a gap in the chart and yesterday we filled this gap. Now our big question is whether all CME Gaps are filled or not. These CME gaps have a tendency to get "filled” – meaning that the market corrects back into the gap. While sources struggle to agree on the exact percentage, most of them agree that at least 60-70% of CME gaps are filled eventually. So according to the chart, we have filled our recent CME Gap which is around the $26.8k level so there is a chance that we might see a relief rally now up to the $28k- FWB:29K from here. But we also have a huge Gap left around $20k which might be filled sooner or later imo. Hope this update will clear all your doubts about the CME GAP. What do you think about this $20k Unfilled CME Gap? Do you also think that we filled this gap sooner or later or do you think that we left it unfilled? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You! Longby CoreCrypto1228
BTC filled current CME gap now what!BTC traded down and almost filled the current CME GAP...this is the best Area for BTC to pump from...if BTC started to pump then we might see it go up for another CME GAP...on 1st June U.S have debt ceiling date...if debt ceiling is raised then we'll see the market turns green..Longby Camouflage891
Bitcoin CME Futures Gap Filled!Traders, One more negative indicator has been eliminated. You'll remember that in yesterday's post I pointed out this gap created a couple of days ago. 99% of all gaps are filled, and they are usually filled sooner rather than later. To have our gap to the downside filled so quickly is rather bullish IMO. We now have a new pivot high on our daily charts on Bitcoin as well as many/most altcoins, and we are forming what appears to be bull flags on many of these same charts. Stay tuned as always. You know where to follow me for all the latest trades. I don't always post everything here. StewLongby stewdamus336
$BTC - Weekly (Potential Cup and Handle)I know, I know... I am quite wary of anything crypto, even the King of Crypto CRYPTOCAP:BTC but in analyzing the chart, there may be a potential Cup and Handle formation forming with a price target of 47,000. Recall that CRYPTOCAP:BTC halves every four years and the next halving cycle is 2024. Happy trading!by Skyy9990
BTC CME GAP 30/5/2023There's a CME gap between 27900 - 27000. If u hv long order on hand, Move SL to Breakeven. If you have short order can consider take profit 30-50% at this zone.Shortby C_L_YUpdated 1
What does a bear market look like?“A bear market starts with greed, followed by confusion, sells on fear and ends with hopelessness” - By me! 'Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." - John Templeton Apply this bear to bull transition with good market sense because some of the bears went into hibernation, not able to wake up at all, for example the recent collapsed of some banks. Able to recognize at what stage the market is… at any particular point helps me to determine whether to take on the market with some risks or not at all. Reference of Bitcoin Trading: CME Bitcoin Futures Minimum fluctuation $5.00 per bitcoin = $25.00 BTIC: $1.00 per bitcoin = $5.00 CME Micro Bitcoin Futures Minimum fluctuation $5.00 per bitcoin = $0.50 BTIC: $1.00 per bitcoin = $0.10 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com 08:14by konhow1
BTC CME GAP to be filled!BTC has pumped and left a huge CME GAP between 26900 & 27900.. It might pump more towards the CME GAP at $29100 and then dump to fill the CME gap which is below as mentioned above..might follow the direction which is marked.Shortby Camouflage895
BTC TRENDTrend Following is a trading strategy used in all trading markets, including stocks, futures, and currencies. It relies on technical analysis, as opposed to fundamental analysis, to identify potential trading opportunities. The principle behind trend following is quite straightforward: it's based on the premise that prices tend to move in a particular direction (upwards or downwards) over time. A trend follower tries to take advantage of these market trends by observing and identifying these price movements, then making trading decisions based on the direction of the trend. Trend followers typically use a variety of indicators to help identify and confirm the direction and strength of trends. These might include moving averages, relative strength index (RSI), and MACD among others. The key is to determine when a trend has established, and then to hold onto the trade until there is a sign that the trend is ending. One of the main benefits of trend following is that it doesn't require traders to predict or forecast specific price levels; rather, it simply involves identifying the direction of a trend and trading in alignment with it. This strategy can be applied over any time frame - short, medium, or long term.by AURUM_INDICATORS1
Bitcoin might surprise eveyone again. BTCUSD Hello traders, welcome back to another market brekdown. In this video I breakdown Bitcoin's chart and share few of the tools in price actions that I use to gives me hints on major moves before they happen. Make sure to comment your opinion bellow and the reason behind it. Trade safely, Trader Leo. Long11:41by Leo-btm313117
Bitcoin continues to wait for a mid-term inflection point Bitcoin broke the bottom again yesterday and formed a complete structure. At present, there is still a certain distance from the bottom of 25300. It depends on how the market chooses, whether it will start to go up or touch the bottom support. The overall idea is still much lower. Bitcoin operation recommends buying at 25300, stop loss at 24700 points, target 27500~29000~30000. Bitcoin’s daily line closed negatively and broke the shock range, indicating that there will be a short-term low point, but the bottom is close to the key support, and the bulls are likely to start from here. The upper pressure is 27500~29000, and the lower support is 25300~25000. Join me and I will guide you to a profitable trade 💵!Longby Domineeringdeal3