VOL Profile & Gap levels This is my Chart for the rest of the year Gaps too break lower and higher Think we tag & fill USDC gap lower before the Luna gap down from 2021 POC yearly retest and bounce Trend flip seems too be forming will update Binnace futures chart next Shortby bryptobro0
$BTC smart moneyYou need to know the truth. Whales need to dump, capitulation price, break longs and weak hand first. The smart money point its around 20800-17k. After shake all weak hands, destroy all leverage and borrows. Price go up, be ready.Shortby L0XBS3
BTCUSD: A Bearish Deep Gartley Has Staged BTC to Return to $6065This is a followup to the previous Bearish ABCD trade; BTC has officially with PPO Confirmation, has reversed from the PCZ of the Bearish ABCD to which I later realized the ABCD was part of a much greater Bearish Deep Gartley, and now we are below the 200-Day and 200-Week SMAs along with that we have broken below the demand line of an apparent Rising Wedge Pattern all at a 23.6% Fibonacci retrace which is a very shallow and weak retrace to have this all occur, but that only means the move back down will likely be much deeper and stronger. We can consider what we initially got at the 0.786 PCZ of this Cypher as a Type 1 Reaction, but now it appears that price has been preparing itself to make a Type 2 Return, that will most likely take us to the Cypher HOP levels this time around which would land us at around $6000 once we hit that zone I will look for signs of Bullish PPO Confirmation before then anticipating a V-shaped recovery that should take us to new all-time highs. There of course is a scenario in which instead of making a lower low to the HOP we just bounce back up again at around 16k and that was where my previous projection took it but upon taking in more of the weekly data I have concluded that 6-4k is more likely especially if we start getting super fast movement down week after week but if it is instead a more calm decline that gives us a clean double bottom with some PPO confirmation around 16k instead then I will jump in early; until then I see 6-4k as the most likely target. For reference, I have included the link to the original Bearish ABCD chart and projection below as we may swap back to the original projection depending on the price action we get leading to both the original 16-12k Target and the new and current 6-4k target: Shortby RizeSenpaiUpdated 3
BTC stop huntingThere is a large area of thin volume on the market profile of BTC's sudden drop over the past couple of weeks, possible stop hunting areas will be 2x the daily range than usual as volatility has increased. A gap is visible in the CME 5day chart this would be a good area to trade long into and then short the top once filled, this also lines up with a 200D retest Longby tradersedgerayUpdated 1
Short Micro BitcoinSell August micro bitcoin at 25780 stop, if filled, Target 1 = 24800; Stop Loss = 27650 Shortby Cannon-TradingUpdated 1
BTC GAP FILLEDWe have been talking a week ago, about how to close the CME gap opened by BTC. Well the big hands have found a good excuse to do so with the Grayscale ETF. Congratulations to the traders.by L0XBS1
We Have Our Answer!Traders, A few posts ago, you will see that (2) two gaps were being focused on. The question was posed about which might be filled first. Many of my followers understand that my bias was to the upside gap being filled first. Thanks to the Blackrock ETF approval, this has occurred. And, as I stated in my video yesterday, I have unloaded 50% of ALL my positions (alts included), taken profits, and moved my stops up to break even. I will let the remainder ride for now and hopefully take the rest off at the 50 day ma of the SPOT BTC chart which intersect exactly with the bottom of that important support (now resistance) which I talked about in yesterday's video at 28,750. If we don't hit that and I get stopped out instead, no issue cuz I move all my stops to break even and will take no loss now. There still remain (2) two unfilled gaps: one at 20,290 from March of this year and one at 35,180 from May of last year. I still believe both will be filled soon. Stay tuned for more on this unfolding price action as, through charting research, I hope to gain a better grasp on how it will go. Stew Longby stewdamus7
$BTC gets great news, let's see how far it goesWas not going to post this but... Like clockwork, again. We noticed a slight BULLISH bias for $BTC. Even mentioned that there's huge demand for #crypto related #stocks. #BTC gets positive news today. Grayscale wins lawsuit against SEC for #bitcoin Spot #ETF. --- Previous post (see profile for more info) CRYPTOCAP:BTC is once again making case for BULLS short term. We'll see. 4Hr RSI getting stronger & can be seen on daily. Longer term #BTC has a GREAT case for bulls. However, don't be naive. Current area is not the best place for #bitcoin to build SUPPORT levels, 25k is much better, BUT it CAN!by ROYAL_OAK_INC1
BTC CME GAP IDEAS 📊💡In the world of cryptocurrency, Bitcoin (BTC) stands as a cornerstone, continuously captivating the attention of investors, traders, and enthusiasts alike. As we venture into the next few months, the Bitcoin market is marked by both excitement and uncertainty, presenting a myriad of possibilities for those willing to navigate the ever-shifting tides. Bitcoin's price history has been a rollercoaster ride, and this could continue in the short term. A scenario of consolidation and heightened volatility is entirely possible. Regulatory changes, macroeconomic events, or unforeseen market sentiment could lead to periods of sharp price swings. Traders should be prepared for both upward and downward moves. Bitcoin is not an isolated asset; it's influenced by global events. Geopolitical tensions, economic shifts, and unexpected developments in other markets can have a significant impact on Bitcoin's performance. Keeping a close eye on these external factors is crucial when trying to anticipate BTC's trajectory. For instance, the Securities and Exchange Commission (SEC) is expected to weigh in on multiple Bitcoin ETF filings in the build-up to early September deadlines. I have outlined a couple of scenarios on the chart. While I don't expect Bitcoin to follow these scenarios precisely, they serve as a framework to understand possible short-term price movements. Stay Tuned for Updates: We will continue to monitor key macro events that could significantly impact the cryptocurrency markets in the near future. These events may provide us with more clarity about Bitcoin's trajectory. Please note that the advice you receive about cryptocurrency should always be taken as guidance and not as definitive instructions on what to do. Investing in cryptocurrency, like any other type of investment, involves risks, including the loss of capital. Always conduct your own research and consult with a financial advisor before making investment decisions.Shortby Blast9100
$BTC good long term case BUT where does support form?Long term BULL + Short term BEAR case CRYPTOCAP:BTC is once again making a case for BULLS, at least short term. We'll see what happens. The 4Hr RSI getting stronger & can be seen on daily charts. Longer term #BTC is making a GREAT case for bulls. But can take some time. However, don't be naive. The current area is not the best place for #bitcoin to build a SUPPORT level, 25k much better. BUT, it can, of course. These are support levels for CRYPTOCAP:BTC to build upon. For BULLS, 25k is BEST. However, it doesn't kill cause if it goes lower. 23.5k can be satisfied by the trend line. Gap top is 21k & the Gap bottom is 20k. Don't think the SUPER LONG TREND is in play, white lines, but who knows.by ROYAL_OAK_INC0
#TOBTC #LQR #BTC CMEin CME markets these gaps are plays as resistance first re-action Price is gona be long bar shadow and than main reistance PRZ on 23800Shortby tobtctrading1
Hopium or possiblities? $BTC Above $35k by april 2023 Hopium or possibilities? $BTC Above $35k by April 2023 - Closes down the gaps - Liquidiates all shorts Might touch near $50kish?Longby Joy_BanglaUpdated 445
Projections into the future...Elliot Wave Count and FibonacciA rough idea of what *could* play out over the next few years.. I see 2 scenarios in the near-term, first being this fractal OR, roughly what I've outlined in the chart here.. this would make sense to me, grabbing liquidity at inefficient zones (gaps) above and below, shaking out weaker hands, before moving higher and beginning a new bull run.. by TheTraderAndy0
BTC - 1d. GAPBroke an important trend line on 1d and formed a gap. In technical analysis, there are different options for price gaps and their interpretation is different. In this case, it hit an important trend line. As a rule, these appear during the market reversal. For a further significant price increase, it is necessary to fix back above the trend line and close the gap. While we are trading lower, the priority is to decrease. The next important support is MA200 and - 0.5 fibo level ~ 23690. Reviews, ideas and deals - I publish at the link below.Shortby Trend_Line_Trade1
BTC.USDTIn the diagram, we can see that there are two empty spaces As you know, soon they will be touched Now the possibility of touching a higher price means 27800 and then The bottom is moreLongby undo7376224
BTC1! on 30 min. Double BottomOn 30 min there is a Double Bottom for BTC at this time. "DOUBLE BOTTOMS" A double bottom pattern is a technical analysis charting pattern that characterizes a major change in a market trend, from down to up. Notably there is also a gap fill as seen on the chart. I am expecting 2024 to be a good year for BTC imo. We'll see! What are your thoughts? Thanks, Kelly Longby angelbaetrades1
Cryptocurrency Analysis: Insights from the World of Cryptos 👋 Hello, esteemed cryptocurrency enthusiasts! Today, I want to share observations from the world of cryptocurrencies, specifically focusing on BTC. Recently, a notable event occurred on our chart: an open Gap at the level of 27400. It's crucial to highlight all open gaps on the chart, as they can influence the future dynamics of price movement. Regarding the last 10 daily candles marked in red, this is an intriguing phenomenon that may indicate a certain pattern. It's important for us to delve into past similar situations and attempt to comprehend the implications behind these red candles. by CHOWTRADE226
Bitcoin - ADAM AND EVECME:BTC1! Self explanatory chart. Adam and Eve, bottoming pattern, invalidation is easy and below the eve low. Take a long set and forget final tp is 27500 at the high of the CME gap. Happy days. Cheers. #Bitcoin BITSTAMP:BTCUSD BINANCE:BTCUSDTLongby KaynakiKaymaki0
Been saying $BTC is NOT the same anymore, before InstitutionsBULLISH CRYPTOCAP:ETH #ETF! However, #ETH didn't do much CRYPTOCAP:BTC pre-halving = BULLISH! Please....... The truth is whatever happens to #BTC will happen without any of previous data. Why doesn't it trade well during weekends? Because LEVERAGE & financial instruments dictate price action. Been saying this for 2 years, maybe more. Not sure how much proof have to keep posting. lol #BITCOIN is NO LONGER the same animal. Why? The institutions in. People wanted this, but didn't know what the result would be. This is why we use Futures data vs spot. #cryptoby ROYAL_OAK_INC0
$BTC not painting a bullish picture atm, but darkest before dawnGOOD MORNING! While we don't expect the CRYPTOCAP:BTC downside to end here, we are expecting some sort of bounce. However, time is running out. Interesting that #BTC swings are getting wider. See the higher high recently but retesting the support level (thick green line) This has been a HISTORICAL area for #bitcoin. Break downs and break outs. Furthermore: MACD looks like trash RSI is okay C $ Flow so so Under all Moving Avgs #cryptoby ROYAL_OAK_INC1
D1 CME GAPD1 CME gap suggests we might rally back up to backtest the yellow TL. If it holds, then we see lower, IMO.Longby MtGoxFX111
TWO GAPS to FILL. Which one comes first?Traders, Our CME BTC Futures chart now shows (2) two gaps to fill. We know that over 90% of all gaps are eventually filled. Usually, this occurs sooner rather than later. The big question is which one of these gaps will be filled first if we assume they will both be filled? Post your best guess in the comments below. The other thing I am looking at on this chart is a possible retest of our previous channel. Previously, the top of this channel acted as resistance. The market likes to come back and test previous resistance as support. Will it do so this time as well? Stay tuned, Stewby stewdamus8
BTC CME Futures Price Gap - August 17BTC CME Futures Chart, Hourly, 1:00 PM EST, 5:00 PM UTC There's a bit of a unique setup on the lower-mid term timeframes for BTC. Yesterday's sell-off occurred between 5-6 PM EST, which coincided with a 1 hour break in the CME futures market. Contrary to popular belief, the CME Futures exchange actually does not operate 24/5, but actually 23/5 with a 1 hour session break. "CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m Central Time (CT) with a 60-minute break each day beginning at 4:00 p.m. CT" As the sell-off in the spot market occurred during the break in the CME futures session, there is coincidentally now a price gap to fill between $27000-27540 region. This would be an attractive area for short traders to re-enter the market if we do have a relief bounce in the coming days. One could set conditional market orders to go short if price enters this region. As a reminder, always utilize proper risk management. Shortby bfridman89891