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Bitcoinfutures

BLX Bitcoin (Bullish Case For Long Term?)BLX TA Update Bitcoin finished it strong after regaining back above the 200W MA today and trading above the last trendline of support. There is still hope for the bulls, as long as the price action will remain above the bearish territory within 3-4 weeks, there is a chance this potential head of the Inverse H&S pattern will get the opportunity to become a reality if and only if Bitcoin climbs above 7k next month. Bearish side, if BTC closes below 4k and finds the 200W MA as resistance. This will invalidate all bullish cases for BTC for a longer period.
BNC:BLXLong
by PolarHusk
2
BTC Downside Target (More Pain To Come...) BTC is officially,, NOT a Safe Haven Asset... We are working with a compacted series of polywaves into downside target that could reach 3,500 level. All the patterns discussed until now, to confirm this short term drop further before we see a terminal impulse pattern emerges. It does not matter how complex or simple a pattern is, what matters is whether the Pattern is CORRECTIVE or IMPULSIVE in nature. That will tell you how to handle , combine, interpret and TRADE the current BTC market action.
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by wallstreetsharks
2
Bitcoin CME Futures TA Update (Parabolic to 11.8k Price Gap?)Bitcoin CME Futures Bitcoin keeps grinding to the upside showing non-stop of strength. Just recently breaks above 10k and previous key resistance areas from Oct 2019 Lower High. The only downside is, it still respecting this rising wedge pattern from the Low 6500s. Currently, challenging the upward trend-line resistance of the wedge and if it fails to break above, we might see a minor drop too low 10k. The RSI hasn't shown any sign of weakness, if BTC turns parabolic again like what it did last May-June 2019, I won't be surprised to see the gap being filled in a short period.
CME:BTC1!Long
by PolarHusk
BTC/USD TA Update (Bullish RSI Sign?)BTC/USD Bitcoin is already touching the key resistance area but still has room to go up as the ascending trend-line resistance of this upward channel is still 4-5% more. The RSI is painting as a bullish inverse H&S pattern and barely entering the overbought conditions. We know Bitcoin loves to move in a parabolic uptrend, we can't remove the fact that the price may overshoot this resistance area. Always be cautious as we are in the decision time today.
BITSTAMP:BTCUSDLong
by PolarHusk
BTCUSD: Short term outlook. 4H MA50 turning into Resistance.Bitcoin broke the aggressive 4H Channel Up (RSI = 43.859, MACD = -5.700, ADX = 20.956, Highs/Lows = -3.9533) that started on the January 3rd bottom (6,900) and turned sideways. For the first time since the bottom the price is trading that long below the 4H MA50, which may be turning into a short term Resistance. With the 4H MA200 used as an accumulation area before the former Channel Up took off, it is possible to see buyers re-accumulating there again. The Symmetrical Support zone is at 7,940 - 7,690 and this is our point of interest if BTC gets eventually rejected by the current pressure of the MA50. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
BITFINEX:BTCUSDShort
by InvestingScope
2
Bitcoin CME Futures TA Update (Gap Filled)Bitcoin CME Futures Bitcoin CME filled the price gap between 8763 - 8856 if this is a bad sign for the bulls, we may see the price reach our next key support area at 8300 - 8100 regions only after if BTC breaks 8500 support. Bitcoin is painting a bearish candle after filling up the gap and the price is trading below 26 EMA. The RSI is in the neutral zone and if the level reaches oversold conditions again, we might expect some reaction rallies from the bulls buying the dip at key support areas.
CME:BTC1!Short
by PolarHusk
Bitcoin CME Futures TA Update (Watch for Price Gap)Bitcoin CME Futures Bitcoin is quite looking bearish after breaking the upward trend-line of support at 8100 levels. We know that there is not enough support build during its uptrend from 7700 regions to 8500. And for that, the price could easily drop back to 0.5 - 0.618 levels to immediately filling the gap from the old resistance to potentially change it to new support if Bitcoin bounces from that level and hold it for a couple of days. Take note also of the multiple selling volume after it crashes below trend-line support. This is only telling us the downward pressure is strong, and if you are in a Long position. Be cautious about these warning signals.
CME:BTC1!Short
by PolarHusk
2
Bitcoin CME Futures TA Update (Price Gap at Key Support?)Bitcoin CME Futures Bitcoin is trading within the key resistance area and the RSI is already extended on the overbought condition levels. There is a price gap between 7723 - 7675 which our key area of support is also located. This will give us a hint that Bitcoin could bounce in these regions before it continues the uptrend. This price gap doesn't mean it has to be filled right away, I'm not trading Short position as the previous candle is heavily bullish followed with a big size of buying volume. I will trade this Long once I have the extra confirmation to enter.
CME:BTC1!Long
by PolarHusk
Bitcoin Futures - Big Gap to be FilledHey traders, today we're looking at the Bitcoin Futures chart. Now to those of you that know how to trade futures or understand them, most to all of the time when there's a window, that window must be filled at some point before moving back up. This is just a pattern that I tend to see in the markets. With this in mind, when Bitcoin shot up past 10,000 last week, it spiked right up to the monthly level with a huge window. I told all of you that Bitcoin would slowly drop back down to 8850 then move right back up and that's exactly whats about to happen. It only has to drop 3% more down, then we're all set to move up. A fantastic buy order would be set at 8850. NEW Trading Group: t.me NEW Signal Group: t.me (limited to first 250 people) As always do your own research, I am not a financial advisor.
CME:BTC1!Long
by kyer
4
Bullish divergence on Bitcoin futures chartHi guys, I've seen Sunny decree making a video today about the bitcoin futures chart and the gap in the Grayscale. At first it shocked me, but after analysing it for a while I actually came out more bullish than bearish. Maybe it is total self fulfilling prophecy but anyway, price is slightly going down but I see soo many bullish signs, as explained in my video today. Now the futures chart, the gap at 5k$ isn't filled, that's true, but if you look good there is another gap at 900$ which isn't filled either. Therefor I'm taking it with a grain of salt, as well as there is a gap above the price right now that could be filled too. Net to that I'm seeing a 4h and daily bullish divergence which makes me slightly bullish... Curious about your thoughts! Cheers!
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by Bitcoinblue