BTC CME GAPBTc just filled its pervious cme gap and with combination of fib 61.8 zone and price need to move to north targeting 80k btc
BTC1! trade ideas
The Bitcoin CME Futures Gap: A Potential Refill ZoneFour-Hour Bitcoin Chart Gap: A Potential Price Target, But Not a Guaranteed Reversal
The Bitcoin (BTC) 4-hour chart displays a gap between approximately $64,890 and $65,450. This gap represents a price jump from one 4-hour timeframe to the next, leaving a void where no trading occurred. Let's explore what the gap signifies and why it might (or might not) be a significant price target:
Gaps on Charts:
Gaps on charts can point to areas where the price moved swiftly, potentially due to important news or changes in market sentiment.
Filling the Gap:
Some technical analysts believe that gaps on charts, especially those on shorter timeframes like 4-hour charts, have a tendency to "fill" at some point in the future. This means the price might return to the gap area at least temporarily.
Target, Not Guarantee:
The gap around $64,890 could be considered a potential target price for some traders, based on the idea that the price might revisit that zone. However, it's important to remember that:
Gaps do not have to fill. There's no guarantee the price will return to the gap level.
Many factors influence price movements, and past performance doesn't guarantee future results.
Focus on Context:
Don't base trading decisions solely on the presence of a gap. Analyze the broader market context, including:
Current price trend
Technical indicators
News events and market sentiment
Conclusion:
The gap around $64,890 on the 4-hour Bitcoin chart is a technical level that some traders might be watching. While it could serve as a target, it's not a guaranteed price point. Conduct thorough research and employ a well-rounded strategy before making any investment decisions.
Bitcoin 1 hour chart CME Gap to be Filled.#Bitcoin 1 hour CME Gaps chart
Could not post this the other day was was away but Here you go
We created a CME Gap on 22 March
This is noe being Filled, as it must or the CME ( Chicago Mercantile Exchange CME) losses money on its Futures trading.
80% of the Time, GAPS get filled.
Set a limit Buy order at 63K and the chances are it will get filled.
So far, since 2021, every gap has been filled. End of.
BTCBitcoin has broken the downward channel, but this is more important. If you want to buy, wait until the channel entry corrects. I was looking for buying now in the selling opportunities from this resistance. Good luck.
Algorithms open mean-reversion Short positions in Bitcoin.Trading algorithms have initiated mean-reversion positions in Bitcoin through Futures and other structured derivatives.
Despite the clear bullish sentiment in the mid-term and long-term trends, we are observing indications of traditional Elliott Wave patterns in conjunction with a Relative Strength Index (RSI) touching 50 on the Daily chart, signaling a potential deceleration of the current trend.
In response to these observations, several trading algorithms are adopting Short positions as a mean-reversion strategy ahead of anticipated mid-term uptrends.
This proactive approach aims to capitalize on potential short-term fluctuations in Bitcoin's price while maintaining a broader strategy aligned with long-term bullish trends.
We continue to monitor market dynamics closely to optimize trading strategies accordingly.
Smart traders don't trade. They invest in a portfolio of trading systems. You can do that with our product, Copysystems, creating a free demo account here .
Bulltraps aboundIf you were looking for an in-depth analysis, this isn't one.
I'm not offering financial advise, and I 'm only sharing this for entertainment purposes.
I am not a licensed professional and this information shouldn't be misconstrued as any kind of exchange related to professional services. Period.
BTC1WEEK
PRICE: Pullbcak at current resistance, new all-time high at weekly candle close developing. Giving confirmation to the above, we can argue for the continuation of the bullish trend under the parameters of the monthly analysis.
RSI: In an overbought zone and looking for an all-time high, waiting for exhaustion indicators. (Divergence at the top, trend change).
MACD: reaching the maximum and showing exhaustion.
BTC1WEEKLY
PRICE: formation of a cup. Who will take us to our 4 objective. The price touches the current resistance zone, giving a valid argument for the bullish price movement. This weekly close will be important for the next movement before and after the halving. High volatility
124240 TARGET 4 cup and handle.
BTC - Is this a bull flag?If you are considering a trade, a common strategy would be to wait for a breakout from the consolidation pattern (the symmetrical triangle). A breakout to the upside could be seen as a continuation of the bullish trend, and a trader might enter a long position. Conversely, if the price breaks down below the triangle, it could signal a reversal or a correction, and a trader might take a short position or exit long positions. Stop losses are typically placed just outside the opposite side of the breakout to manage risk. NOT A FINANCIAL ADVICE. JUST FOR FUN
Bitcoin near 55k, ETH maximum DUMPHello investors and realistic crypto friends. In my chart I have drawn a rising wedge pattern and a bearish Gartley. Red line SL, targets in green. If Etherium takes part in this sell-off, it will fall sharply here. I would like to go into this in more detail on Monday.
BTC might now create a new all TIME HIGH before halving!!BTC need to complete its retracement and might bounce to CME gap after bullish in the past few days. Aside that a harmonic pattern shown, we have bought BULLISH OB in 4hrs and 1 day. We have also a bullish signals from other indicators. Lets see if this chart will play soon.
Your coins can motivate me to post more ideas soon ;-) This is my 1st post again this 2024 after a year of non-posting my chart. Need more motivation now.
Flag to 92,635..?TA looks to be pointing at 92,635 as the next target.
Caution! Keep an eye on 74,365 as we pass through it...the LTF consolidation may not be complete in the 63k - 74k range. There is a chance we may bounce in this range a little more.
If we fail to make / hold 92k-ish, then look for a strong drop imo.
At some point we will probably drop back and retest previous ATH, so the potential to print a large consolidation pattern from 70k - 93k is definitely there.
$BTC bounced at first support level, strong Good Morning!
CRYPTOCAP:BTC made a nice stand at the first level of support. Spot & Futures #BTC are looking good at the moment.
Let's see how RSI moves.
If the RSI breaks the current downtrend, last chart shows what needs to happen, then it is confirmed we're back in #bitcoin bull mode.
#crypto
BITCOIN BEFORE HALVINGTrading with algo can be measured by 3 waves, you only see it here on my ideas, But sometimes I dont recommend it if youre a scalper.
The 4th algo would be 96k or above.
This idea base on algorithm. The Bitcoin As of now are following the algo because it is being controlled by biggest institutions like Blackrock and other entities, Algo doesnt look on indicators like volumes, base on volume right now are being injected on algo so that institutions buying cannot seen like the volumes, we see less volume but price can go higher.
IF youre an indicator type traders this is not for you..
THis is not a financial advice, Trade it or own it.
FOllow for more.
THanks to all whose following me since day 1. now were growing to almost 700 followers, If youre asking why I dont have any public groups, Im not interested on it.
IM sharing knowledge for some reasons, sharing goodstuff for free is like giving a bread to others!
No Im not interested on Other peoples opinion.
I dont even follow any of them, I stick to my ideas. I repeat and repeat until it does happen.
Youre here to make money, youre here to have knowledge on trading.
learn it from my ideas, if this idea has something on you take it. or just leave it.
BTC future at CMEGood morning by KR time to you all.
Following showing for your observation gaps in CME:BTC1! chart, that yet to be filled theoretically.
There are four price where exist gaps:
1. 9730 USDT on price drop;
2. 19970 USDT on price drop;
3. 28770 USDT on price rise;
4. 35230 USDT on price rise.
So, please be careful with long hopes on the rope, bear in mind that there are two positions that might be filled on price drop. And it could either way, fill positions on rise and then fill lower gaps.
Just giving you insight for your reference.
Not a financial advice. Thank you.
Bitcoin - Why I chose to be flat..I will be reviewing Bitcoin using my "Multiple Timeframes / Mutiple Factors" (MTMF) approach,
covering Fundamental Factors like : CoT, Sentiment, Seasonals and Technicals like Momentum, Volatility, Relative Strength.
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Swing trade for Bitcoin (BTC1!) - 1-hour chartBitcoin futures managed to fid support above $60k before snapping a 4-day losing streak. Bullish momentum increased from GETTEX:64K , and the move lower since appears to be corrective in nature against the strong rally from $64k.
A bullish outside / engulfing candle formed around the 50% retracement level and above Wednesday's daily TPO VAH time price opportunity, value area high).
The bias is now for a move higher towards SWB:69K , with the potential for a move to $70k. At which point we'll seek evidence of a bearish reversal, given price action clues on the weekly and daily charts.
a flat 🍒we ascended rather quickly, but not quick enough to invalidate the bear case.
most of the bears have gotten wiped out as of me writing this.
a lot of boomers have entered into the market and have an average cost average of 54k.
exciting times, for the new guys,
but it's the same story for anyone who's been around since the very beginning.
pump,
dump,
repeat.
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i'm going to call this macro weekly move a regular flat on these btc futures.
triple zig-zag from 2021 --> 2022
double zig-zag from 2022 ---> 2024
double\triple zig-zag from 2024--->2025
🍒
