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Cmegaps

Patterns, CME Gaps & Golden Pocket RocketCheck notes on the chart. 1) Bearish Rising Wedge 2) Descending Triangle 3) Ascending Triangle Expansion Creating CME Gap, aka Futures Liquidity Gap. (These almost always get backfilled.) 4) Current Pattern, Bullish Ascending Channel. We had a fake out to flush the longs, and create liquidity, and to backfill the CME Gap. All other narratives are fun stories. We have since course corrected violently, failing to break out of the previous range, creating a Swing-Failure , which is locally bearish. This likely retraces to 23k, before a continuation higher to fill the next CME gap around $27,355 and $28,740 .. of course some profit taking, or other exogenous events such as the indexes falling could correlate with some pull backs, but ultimately I'm expecting 35k to fill this year. Strong resistance there, likely to struggle to get above. If it does, the next gaps that could be liquidity grabs are $45,000-$46,500 $52,500-$53,500 I don't believe we see a new ATH this year or next. 2025 is my target for ATH, which I believe we be a minimum of 130k and a max of 180k. I will scale out of positions between those two prices.
INDEX:BTCUSDShort
by TheTraderAndy
1
4 Reasons why the BTC Bottom could be CloseINDEX:BTCUSD In today's video I look at 4 reasons why I think we are close to the bottom: 1. 200 week MA - historically the 200 week MA has indicated the bottom 2. Fibonacci golden pocket retracement - a fib pulled from the very start of bitcoin in July 2010 to the all time high, show a zone for the possible low 3. Weekly RSI - historically we have never gone below a certain level and we are nearing that level 4. CME Gaps waiting to be filled - there is a gap that is about to be filled These four factors are aligning very well with weekly and daily support levels that BTC is nearing. Could this be the bottom or close to it? Have a look at the video and let me know in the comments what you think. Not financial advice. DYOR. Papertrade before using real money. If you liked this idea, please give a thumbs up and follow. Safe trading. Shawn
INDEX:BTCUSD
by zartraderguy
BTC Bitcoin CME Gap DiscussionHello friends, I am showing you the CME gaps I circled for Bitcoin (BTCUSD) on a 1D linear chart that I was able to spot. The CME gap is the difference between the trading price of a CME bitcoin futures contract when the market closes on Friday and opens on Sunday. The reason I am showing this chart is because though CME gaps are formed, the price tends to get back to that gap and fill it at some point. Since price is near certain prior gaps, there may be a chance the CME gap gets filled. Not everyone believes in CME gaps, but this is another metric to review when looking at Bitcoin and the crypto markets. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
CME:BTC1!
by MillionaireEconomics
9
BTC/USD : Where are we heading first ? COINBASE:BTCUSD BINANCE:BTCUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #BTC has broke below the 47K's level and it just reached the lower order-blocks on most of the exchanges at $42K. However most of the analyzers believes that the Ever-Grande fundamental cause the dive; But I believe that we had the sign on NVT signal's Indicator earlier ! Now it's moving below the FIB retracement 0.5's level and has been rejected by Higher S/R zone. As we are holding below this zone, #BTC won't remain bullish in Short-Term and Mid-Term at all; But any hold above will give us this possibility to fill the Gap above... CME gap has formed and it's located on ( $53490 - $49360 ) and so we all know that it we'll filled sooner or later; 96.7% of CME gaps has been filled since it's been started to run. But as #BTC moving below the S/R zone, It'll be targeting the lower S/R zone located at $44500.00. Also the master candle's half wick is located on $44245.00; So we can say that will be a fresh retest to gain the momentum to fill the CME's gap above. 📚 Why do I mentioned $44245.00 ? It's a little trick for price action scalpers to use the chance as a possible support level to gain advantage in short-term scalps ! For example you can take look on Sep.7th and Oct.13th candle's wick and how the next candle react to the shadow's below.. 📍 Have to mention that in my side, the bull cycle is over for now and the bears have the powerful hand on the movement; So it's very possible for bears to cause another dive into $40550's main retest as the Demand zone is standing there !! - Any break below $40K will charge charge the dump into lower mid-range channel to retest the bullish order-block located on $32K. 📊 Now you may ask your self what are the range channels and wick's half ? Follow me ! As you can see on the chart below, I mentioned the Moon-Lines and the wick's half as we're approaching them both. You're able to see that #BTC is moving in a formed zones; This zones have 5 levels and we'll discuss about the Higher range zone and the Mid range zone ! Currently #BTC is moving in the Higher-range zone which means that the macro view is still suggesting the new ATH and bulls into advantage. However the bias will be changed into neutral after we break below the $40550's support level !! That's why I mentioned the $40K's Demand zone as our main retest zone before any major leg-up cause it'll be defended by bulls for 100% Now that We talked about the support level and the pressure zones; It's the time to have a look into different FIB's chart; Deployed by logarithmic chart and logarithmic Fib ! 📊 Is there any difference between log FIB and Linear FIB ( Classic FIB ) ? Answer is yes; Why ? Cause if we look into the Linear chart, We'll notice that the $40550 level is below 0.618 FIB's level, Which means that the bull-run has been ended for surely good. But on the Logarithmic chart below, You'll find-out that there's a FIB level located on the Demand zone we mentioned before 😉👇🏼 You can see that we still have the space to retest the lower levels on logarithmic chart and it's why I don't believe that we currently standing on the local dip. We might experience and I would fill my bags for mid-term there !! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
COINBASE:BTCUSD
by Helical_Trades
61
BTC down when Amazon denies BTC paymentsAs we didn't expect - the rumours about BTC payments pulled BTC price higher than H1 downtrend channel. As we expected than - a good bounce from the resistance of 40500 - 40000 to the level of 37000 - 36500. The price now is about 37000 and we should share our trading ideas with you. The main thing is that we are still in a major sideway correction. It is on the way, and we can see the real efforts to brake the downtrend and move up again (but not now). There still was no real downtrend correction, as you can see it in the chart. Probably BTC can move higher, but not so high as the Binance squizze (LOL). Please also mention that now we have a HUGE GAP on 34550 - 32450 that can be closed in this week. So we are again looking for a good SHORT position and will keep in touch with more good ideas from Scalper Season Team. If BTC will be stable for few days higher than 42000 - 41000, than we can expect it above 57000 - 55000.
Short
by Scalper_Season
4
Filling old CME gaps...This is just a crazy analysis of the possibilities of filling an old CME gap, mentioned at $9,700-$9,850. The past few days and weeks have been very volatile with huge, possibly coordinated and sustained dumps. So what are the possibilities of going lower? What could be the bottom? As we are now at another unexpected crossroad in the crypto saga, we will all be looking for answers and potential scenarios of what will happen next. As much as the fundamentals of crypto have never been stronger, short-term uncertainty will always loom over our heads. Oftentimes we will look at indicators, trendlines, levels, news and social sentiment for answers. But the market does what it does, and whales do what they do, so we are all just left with best guesses. One interesting factor for the movement of crypto is CME gaps. There will be many CME gaps on the way up, and most will be filled quickly. Some may never be filled, and some could be filled after a long time, sometimes by unexpected events like the coordinated dump going on at this time of writing. We are currently hoovering below $40,000 and a daily close below $37,250 could lead to a much deeper drop. I will be speculating on how low it could, go based on unfilled CME gaps and somewhat arbitrarily placed trendlines and Fibonacci levels, possibly leading to a worst case scenario of filling an old CME gap. The biggest unfilled gap would be one at $9,700-$9,850, with another mentioned at around $3,000. I can't actually see the gap in my chart on any timeframe, but it is mentioned in these articles... Edit: I had to remove the links to the articles to post this piece, but they can easily be found by Googling "CME gap 9700". (Removed link...) On the chart I have also indicated some of the more recent unfilled CME gaps found on the Binance chart. Some are micro-gaps of of $0.01, and some are bigger. Will they still get filled? Could it happen due to the coordinated dump, leading to a flash-crash, and will the drop be exasperated by government regulation, environmental concerns and eroded confidence in Bitcoin due to manipulation? Back to the CME gaps... Some CME gaps on the 15 min timeframe that I have identified are found at: $33,500.00-33,534.58 $32,299.84-32,438.06 $21,331.69-21331.70 (there could be more...) What could be the levels we hit? Well, I was once taught that confluences are strong indicators, and by drawing up some trendlines and Fib levels we can check if there are any confluences worth noting... With a Fib retracement from the recent peak of $64,854 on April 14, 2021 to the low of $3,782.13 in March 13, 2020, we can see that we have levels at: $51,784.62 $41,524.55 $34,318.07 $27,111.58 $18,195.09 (level to note) And with another Fib retracement from the recent peak to the recent dip at $43,960 on April 25, 2021, we get a closely coinciding level at $17,928.97 as a level to note. This would indicate a strong support/resistance level can be found at around $17,928.97 to $18,195.09, as can be seen in the chart. We could bounce here, but dropping below this could lead to a much deeper decline, possibly to the next Fib confluence level. So where could that be? Well, drawing a a Fib retracement from the recent peak to the recent drop to $30,000 gives us a Fib 1.68 level at $8,460.23. Drawing yet another Fib retracement from the Jan 9, 2021 peak to the Jan 22, 2021 drop, gives us a closely coinciding level at $8,576.46 (Fib 2.618). This would indicate a strong support/resistance level at $8,460.23-$8,576.46, a bit below the mentioned $9,700 CME gap. Furthermore, drawing a trendline from the Dec 17, 2017 peak to the Aug 17, 2020 peak leads us to a point just above the CME gap at around $10,375 if looking at our current date (May 22, 2021). The further in time we go, the lower this level will be, and we don't know how long this dump will go on before it reaches its target. By August 20, 2021 we would be below the line, if the bearishness would go on that long. A flash-crash would naturally bring us below the trendline much sooner. Hitting this trendline would be sort of a second retest of the "breakout" of our current bullrun, if we can consider the start at Jun 20, 2020. With some panic leading to a flash-crash, eroded confidence in Bitcoin and Crypto, we are not to far from hitting the CME gap at $9,700-9,850 and potentially staying there long enough to fill it. Will this ever happen?? It's far-fetched, but nothing is certain or impossible in the world of crypto. Especially not with huge market manipulators controlling a majority of the assets and governments fighting for control of our old and future monetary system. Where could we go after a drop to the CME gap? With a Fib grid from the low of $3,782.13 to the peak of $64,854 we can find the 1.618 Fib level at $102,596. The 1.618 level is a level that often gets reached. The next level would be $163,668. Will this happen, if so when and how long would it take? We'll just have to wait and see. This is just an exercise I made for fun, and not financial advise of any kind. Be safe trading, do your own research, and be kind if you leave a comment. =)
Short
by chrispet
4
Ethereum ST (February 1st 2021)Ethereum/USD (February 1st 2021 through March 2021) Low: $1,302 High: $3,302 Wanted to come up on another update for Ethereum before the big Chicago Mercantile Exchange futures launches on February 8th. I think 5 important short term future levels to watch for could be $1,570, $1,901, $2,436, and $2,971-$3,302. I specifically want to see bearish reactions off of those levels, the 1.27 could be important too but maybe not as important as these other fibonacci levels. I think with the introduction of CME futures for Ethereum, price could get extremely volatile. It may get a glorious pump but it may end in terrible devastation too. Bitcoin's CME futures launch was January 13th 2020, and Bitcoin managed to pump up to mid-February before it took another month to crash. But at that time, things were fundamentally different and Bitcoin had already been in a months-long major downtrend. Ethereum could still be in a major uptrend but if this crash I've been theorizing about comes, it could be far worse than March 2020. There could be some decent volatility this week before it really starts pumping, but when it gets going it will probably be insane. If a real crash happens after, we could see prices back under $600 for sure. This will be very unpopular, but in my opinion, Ethereum could go back under $100 by the time the bear is done. For now, the market euphoria may only increase more and more. The red box is my predicted range for Cindicator forecasting this week. Related ideas attached below: Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
COINBASE:ETHUSDLong
by Hambooger
BTC1! FUTUROS DE BITCOIN CME - GAPBuenos días! *Esta idea a través de Tradingview no es sinónimo para entrar posiciones en corto* primero debemos hacerle un seguimiento a la debilidad en la tendencia actual.... para un retroceso fuerte como lo vemos en el patrón de barras proyectado. no debería superar el máximo anterior $12.635. Para empezar a caer con fuerza en primera instancia, rellenar GAP, ubicado entre los ($9.665 - $9.925). una vez alli un rebote de gato muerto y seguir la tendencia bajista. finales 2020 e inicios 2021
CME:BTC1!Short
by CryptosBlockchain
ONE FINAL DUMP FOR BITCOIN! NEXT TO THE MOON?! BTC/USDTHE QUESTION EVERYONE IS ASKING, HAVE WE REACHED THE BOTTOM YES OR NO? IN MY OPINION THIS IS STILL NOT ACHIEVED. HERE'S WHY; CME-GAP: ALTHOUGH WE HAVE ALREADY TOUCHED THE CME-GAP, BUT IT IS NOT FILLED YET. IT WILL LIKELY BE FILLED, IN THE NEXT HOURS / DAYS. DAYLY RSI NOT YET IN OVERSOLD AREA: WHEN WE LOOK AT THE PAST WE CAN NOTICE EVERYTIME WHEN WE HAVE EXTREME DOWNWARD PRICE ACTION THE PRICE BOTTOMED OUT AND TURNED WHEN WE HAVE REACHED THE OVERSOLD AREA ON THE RSI. SUPPORT ZONE AROUND $10100 TO $10500: WE ARE CURRENTLY MOVING INTO THE MAJOR ZONE FROM $10100 TO $10500. HOWEVER THIS IS NOT BEEN BROKEN YET, IT LOOKS LIKE IT WILL BREAK. SIMPLY BECAUSE WE ARE CONTINUOUSLY TESTING THE BOTTOM LINE OF THE ZONE. AND THE MORE A ZONE IS TESTED, THE GREATER THE CHANCE THAT IT WILL BREAK. MAJOR TREND LINE: IT LOOKS LIKE WE ARE MOVING TOWARDS THE MAJOR BLUE TREND LINE, THIS TREND LINE IS ALREADY ACTIVE SINCE THE 2019 DUMP. EVER SINCE, IT HAS SHOWN IMPORTANT SUPPORT. AS LONG AS WE STAY ABOVE THIS LINE IT IS STILL BULLISH IN MY OPINION.
BITSTAMP:BTCUSD
by ADBCrypto
Bitcoin Price Action vs the CME GapThe reason I started looking into this is because I was wondering if there could be a scenario where the price of bitcoin could stay relatively close to $10k but the CME price when it opens on Sunday gaps down passed the price of bitcoin filling the gap from July then bounce back up to near the current price of BTC. The CME bitcoin futures price closed today at $10,620 so if The upper chart simply shows the CME gap which formed from the close on July 24th to the open on July 26th and has yet to be filled. The bottom chart shows what the price of bitcoin did during the hours that the CME was closed causing the CME to respond with a gap. I was curious how close the CME price came to the bitcoin spot price when it gaped, I was looking for any over shoot. Looking at the data it looks like the CME price gaped very close to the spot price with little if any over shoot. It is possible that the price of bitcoin over the weekend could rise instead of dropping back to or under $10k. As close as the price is to the gap right now I feel pretty strongly that the price of BTC is more likely to drop so that the gap can be filled rather then take off higher from here leaving the gap unfilled.
CME:BTC1!
by Bigsky_Crypto
2