Cme!
Impact of CME Expiration Date on BTC*** This article is not for sale or buy.
The CME expiration date has a major impact on BTC's trend transition. Inverse head and shoulders pattern & CME expiration date, Triangle pattern & CME expiration date.
1. Current Coin Market Status
- Coin Cap : 179 Billion $
- Bitcoin Dominance : 52.0%
- Volume by National Currencies : USD(36.5%), JPY(44.2%), KRW (4.09%)
2. The Comparison of Coin Market Cap
- Coin Cap : about 179 billion $
- Stock Market Cap around the world : about 50 trillion $ / 0.27%
- Korean Stock Market Cap : about 1760 billion $ / 10%
- Samsung Electronics Cap : about 240 billoion $ > Coin Cap
3. Futures Expiration date
1) CME : On the last Friday of every month at 4 pm / UTC
2) CBOE : On Third Wednesday of each month at 10 pm / UTC
4. The Long-Term BTC Forecast
- A similarity with the 2015 bottom & Influence of halving
- The rising curve by pattern
5. 2021, The bubble of new industry for overcoming economic crisis?
6. Around CME Expiration Date, since BTC trends often change or price fluctuations increase, you should look more carefully. The charts listed below are some of my previous analyses of how the CME expiration date has affected BTC pricing. Please check. If you liked this idea, please, 'Thumbs up', 'Follow', 'Comment'~^^
1) CME Expiration Date on June 2018 )
2) CME Expiration Date on July 2018 )
3) CME Expiration Date on December 2018 )
4) CME Expiration Date on March 2019 )
2015 bottom VS 2019 bottom*** This article is not for sell or buy. If you liked this idea, please, 'Thumbs up', 'Follow', 'Comment'~^^
If you look at the title, main chart, and secondary chart, you can easily understand. Therefore, the explanation is omitted.
[ ] 13.11 ~ 17.12 (about 1470d) >> 0.85% >> [ ] 17.12 ~ 21.05 (about 1250d)
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(1-1) 13.11 ~ 14.12 (about 400d) >> 0.85% >> (2-1) 17.12 ~ 18.11 (about 340d)
(1-2) 14.12 ~ 15.10 (about 300d) >> 0.85% >> (2-2) 18.11 ~ 19.07 (about 255d)
(1-3) 15.10 ~ 17.03 (about 500d) >> 0.85% >> (2-3) 19.07 ~ 20.09 (about 425d)
(1-4) 17.03 ~ 17.12 (about 270d) >> 0.85% >> (2-4) 20.09 ~ 21.05 (about 230d)
0. the comparison of indicator : 50MA, 100MA, 200MA
1. Current Coin Market Status- Coin Market Cap : $ 184 Billion
- Bitcoin Dominance : 53.4%- Volume by National Currencies : USD( 45.4% ), JPY( 39.0% ), KRW ( 2.0% )
2. The Comparison of Coin Market Cap
- Coin Market Cap : about $ 184 billion- Stock Market Cap around the world : about $ 50 trillion / about 0.37%- Korean Stock Market Cap : about $ 1760 billion / about 10%- Samsung Electronics Cap : about $ 240 billoion >Coin Market Cap
3. Futures Expiration date- CME : On the last Friday of every month at 4 pm- CBOE. : On Third Wednesday of each month at 10 pm
4. The Long-Term BTC Forecast- A similarity with the 2015 bottom &Influence of halving
kr.tradingview.com The rising curve by pattern
GOLD: Week13 updateHi Guys,
this is what I see on the 4H chart.
Here below a very similar structure I made two weeks ago. Please click & play to watch how Gold moved since then.
To note the support formed in week9 following the dive. IMHO there are a lot of similarities between the support formed in week9 and the support is building in week13. Gold unfolding this move below the 442SMA though.
ST structure in week13 looks good for a pull back but Gold is still inside the violet descending channel (the handle or flag) and it is not bouncing.
That is what is puzzling me most. The fact that nor Gold nor Silver are pulling back which make me think that a failure and a breach of the support may extend the correction of the Bull Run started mid-Aug'18.
Thank you for your support and for sharing your ideas.
Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
BTC running into a brick wall?BTC continues its crazy run but ran into serious resistance here at around $5,500
It was an area where we paused right before the dump to new lows. If we can break above this level than 5800-6000 is on the cards.
Hedging long positions here would be a smart idea in case we do pullback as the gaps below are plentiful right now to go and close
A close back below the breakout and closing of the gap right under would spell pullback lower into the 4ks
Thanks guys
BTC is not gonna make it this time!BTC is currently pathetically trying to take a new Higher-high but it won't make it due to the lack of buying power, pressure from CME and CBOE.
The former one (buying power) is obvious. Take a look at MACD, RSI Stoch and you will clearly see an immense divergence. Concerning the Bitfinex Long/Short indicator we can see how longs are being closed during this market rally. Curretly almost 11,500 contracts have been closed. Moreover, Shorts are rising on a market rally. Indeed, that is not typical for a crowd. We can rarely see how longs are being closed while the market is showing some hope. I spotted such cases several times:
Concerning the situation around BTC futures market:
1) Spreading at CME is high (known as hedging) = 295 contracts
2) SHORT commercial (he never made a mistake since June 2018) is still holding his hedge position. Once he closes at least
40% we can talk about surge to 5k. I bet this happens once we break 4300$ level and consolidate.
3) Leveraged funds are BIG short
4) Asset Managers are also short, but last week we saw + Longs. Though, Shorts overweight Longs a lot!
To conclude. I really think that we are about to fall back to 3600$. Probably even breaking the line further way down. We well act accordingly. At the moment now purchasing power is extremely weak.
Short CME to 160Fully formed head and shoulders patterns on the daily chart. The neckline was just recently broken as the 50 MA dropped below the 100 MA and is headed towards the 200 right now. We can also see bearish divergence forming on a downwards MACD cross. Stochastic RSI cross downwards as well. The price itself breached the 200 MA level of $175 as well. Looking super bearish here, and this is a stock that is less likely to be impacted by a "lavish" trade deal.
GOLD: Week10 update2Hi Guys,
if you drag backwards the above chart you will find LS in week4.
LS (left shoulder) week4
H (head) week7
RS (right shoulder) week10
IMPORTANT: RS was the idea, opportunities were along the way. At 1310 Gold will start facing resistance. Be carefull.
For a complete picture please refer to my post dated March 10 in the related ideas linked below (GOLD: week10 H4)
Next step: wait and see if the H&S will complete and how.
Thank you for your support and for sharing your ideas.
Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: week10 update1Hi Guys,
on Monday morning Gold retrieved from Friday's hights along with sentiment as shown in RSI to find support on the 100SMA at approx 1290 in the afternoon.
Retail Sales were up today but faild to uplift DXY above 97.40 turning short term sentiment for US dollar into bearish (positive for Gold).
AToW Gold is still supported by the 100SMA even if sentiment is below 50RSI. Today's move retraced approx 0.618 of last Friday's move (A to B). The bounce on the 100SMA may be the start of the 3rd wave going into forming the second shoulder of the potential H&S into or just above the 250SMA coming down. (For the potential H&S pattern please refer to my posts in the related ideas linked below). However, if 100SMA is breached next step would be 1285 and H&S just a mirage. Be carefull. At midnight Fed Chair Powell speaks. Tomorrow CPI datas but mainly UK Parliament vote on Brexit deal.
Thank you for your support and for sharing your ideas.
Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
EUR/CHF: overview (week9 H4)Hi Guys,
on Feb 11, 2019 I posted some thoughts on EUR/CHF and USD/CHF in relation to their PEG (please refer to the Related Ideas linked below).
EUR/CHF at 1.20 (A)
USD/CHF at 1.02 (A)
Both are travelling below their PEGs.
With reference to the 4H Chart posted above, please note it is just a structure and do not provide any trading opportunity for the time being in accordance with my trading "style".
In relation to their PEG, EUR/CHF is lagging compared to USD/CHF but I don't think I can be sure that EUR/CHF will catch up. Yet.
EUR/CHF on the weekly chart may want to touch the 225SMA again before running up towards its PEG if USD/CHF crosses and run above its PEG.
But the fact that USD/CHF hit its PEG does not mean that EUR/CHF will hit its PEG too. In the past USD/CHF hit its PEG several times whilst EUR/CHF only once back in April 2018.
Strategy: Wait & See
Watch out for news & datas that may help to indentify moments of strenght or weakness of the Swiss Franc.
Thank you for your support and for sharing your ideas.
Don't forget to like if you like the post and to follow if you want to receive notifications on new or updated ideas.
Respect, Be Carefull and Enjoy:)
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
BTC continues to show weakness!
BTC has moved higher recently after breaking through support
This region has now become resistance and this can be shown so far by the rejection of price on that last push
We haven't really seen bulls come in with volume to defend these prices and with the gap still open below, the odds are high on a fill soon
We would need to regain this supply zone for longs to look appealing again but until then, the trade is still to short rallies
The unfilled gap remains near $3,150 and with month end tomorrow, we could see some volatility
Bulls would need to step in with force on that gap fill or else we could see massive stop runs below the lows and the 2k handle will be a reality
Shorting either the initial test of supply or the block EQ would be ideal spots for a move back down to fill the gap