CryptoAbdi
A new CME gap will be formed at ~38600$. The rest of the closest gaps: 32400, 53500. Huge volatility is expected next week. Trade carefully guys ❗️ FYI: ±90% of CME gaps are filled sooner or later (it may be in a week, or maybe in a month). Keep this in mind.…
The gap is filled 38600 as expected ☑️
Cheers! 🥂
Cheers! 🥂
BTC UPDATE ℹ️
With a weekly close bullish move starting with BTC and spreading quickly over to ETH and a couple of high potential alts, we can see a pretty decent weekly and monthly kick-off.
Now it pretty much depends on BTC to hold its major mid and long term key levels in order to be able to push prices higher, if BTC manages to hold above $39,000 over a couple of daily closes, and heading towards $40,000, there's a high probability we're going to see a move towards $44,000 and higher.
With a weekly close bullish move starting with BTC and spreading quickly over to ETH and a couple of high potential alts, we can see a pretty decent weekly and monthly kick-off.
Now it pretty much depends on BTC to hold its major mid and long term key levels in order to be able to push prices higher, if BTC manages to hold above $39,000 over a couple of daily closes, and heading towards $40,000, there's a high probability we're going to see a move towards $44,000 and higher.
BTC UPDATE ℹ️
With one of the most important FED meeting coming up between today and tomorrow in the US, which will likely push up interest rates even higher (expecting a 50 point increase) there's a lot of fear and uncertainty around most global markets, including crypto.
What we expect to see from this, is an eventual increase in interest rates, however we've likely seen a lot of unnecessary selling pressure from fearful investors and traders, who will likely buy back in after May 4th.
With one of the most important FED meeting coming up between today and tomorrow in the US, which will likely push up interest rates even higher (expecting a 50 point increase) there's a lot of fear and uncertainty around most global markets, including crypto.
What we expect to see from this, is an eventual increase in interest rates, however we've likely seen a lot of unnecessary selling pressure from fearful investors and traders, who will likely buy back in after May 4th.
BTC UPDATE ℹ️
We told you about it, we expected the FED meeting to create a wave of new market buyers which pushed BTC up 6% in a matter of hours, and now that it's trading well above $39,000 we have a very high probability of seeing even stronger upside in the next couple of days.
If BTC manages to see a solid daily break and close above $40,000 (which is currently acting as our most important mid term resistance level), we'll likely see an explosion towards $44,000 and $48,000
We told you about it, we expected the FED meeting to create a wave of new market buyers which pushed BTC up 6% in a matter of hours, and now that it's trading well above $39,000 we have a very high probability of seeing even stronger upside in the next couple of days.
If BTC manages to see a solid daily break and close above $40,000 (which is currently acting as our most important mid term resistance level), we'll likely see an explosion towards $44,000 and $48,000
BTC UPDATE ℹ️
BTC has puked yesterday after reaching the $40,000 high we told you about, reaching a current local low of $35,500 meaning a 10% crash from our yesterday's highs. This move has been a clear wave of very large sellers and it has subsided over the last couple of hours, just as we reached our key blue box support.
This long term support currently lies at $36,125 and it's our most important level to define our next market move. A couple of daily closes above this level, and this could finally be our mid term bottom.
BTC has puked yesterday after reaching the $40,000 high we told you about, reaching a current local low of $35,500 meaning a 10% crash from our yesterday's highs. This move has been a clear wave of very large sellers and it has subsided over the last couple of hours, just as we reached our key blue box support.
This long term support currently lies at $36,125 and it's our most important level to define our next market move. A couple of daily closes above this level, and this could finally be our mid term bottom.
BTC UPDATE ℹ️
After our latest BTC drop towards sub $36,000 levels, the bears have remained strong, and this could lead to even more mid term downside if we don't manage to see a break and close on the daily at least above $36,500.
Our long term levels have been readjusted, and our new POC (Point of Control) is at $36,128 which will determine is we head towards $28,000 or back up to $44,000
After our latest BTC drop towards sub $36,000 levels, the bears have remained strong, and this could lead to even more mid term downside if we don't manage to see a break and close on the daily at least above $36,500.
Our long term levels have been readjusted, and our new POC (Point of Control) is at $36,128 which will determine is we head towards $28,000 or back up to $44,000
A new CME gap will be formed at ~36000$.
The rest of the closest gaps: 32400.
FYI: ±90% of CME gaps are filled sooner or later (it may be in a week, or maybe in a month).
Keep this in mind.
#BTC
The rest of the closest gaps: 32400.
FYI: ±90% of CME gaps are filled sooner or later (it may be in a week, or maybe in a month).
Keep this in mind.
#BTC
BTC UPDATE ℹ️
Just as we told you yesterday, BTC has seen that final mid term leg down towards our $34,354 mid term support where it's showing some intra-day strength that could develop into a mid term rally towards $40,000 if the bulls manage to gain strength.
We're currently trading at one of our most important all-time key levels, meaning that if we loose this level in the daily, we could be heading way lower and into a long term bear market that would last at least a year.
Just as we told you yesterday, BTC has seen that final mid term leg down towards our $34,354 mid term support where it's showing some intra-day strength that could develop into a mid term rally towards $40,000 if the bulls manage to gain strength.
We're currently trading at one of our most important all-time key levels, meaning that if we loose this level in the daily, we could be heading way lower and into a long term bear market that would last at least a year.
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Binance Futures
#JASMY/USDT Take-Profit target 4 ✅
Profit: 183.871% 📈
Period: 2 Days 2 Hours 39 Minutes ⏰
ByBit USDT, Binance Futures
#XRP/USDT Take-Profit target 3 ✅
Profit: 112.0219% 📈
Period: 1 Days 0 Hours 12 Minutes ⏰
Binance Futures, ByBit USDT
#ETH/USDT All take-profit targets achieved 😎
Profit: 109.375% 📈
Period: 1 Days 6 Hours 47 Minutes ⏰
We are here to make profits 😜☝🏻
#JASMY/USDT Take-Profit target 4 ✅
Profit: 183.871% 📈
Period: 2 Days 2 Hours 39 Minutes ⏰
ByBit USDT, Binance Futures
#XRP/USDT Take-Profit target 3 ✅
Profit: 112.0219% 📈
Period: 1 Days 0 Hours 12 Minutes ⏰
Binance Futures, ByBit USDT
#ETH/USDT All take-profit targets achieved 😎
Profit: 109.375% 📈
Period: 1 Days 6 Hours 47 Minutes ⏰
We are here to make profits 😜☝🏻
BTC UPDATE ℹ️
BTC is currently consolidating in a narrow range in between the support and resistance zone. A breakout will be a bullish sign for BTC and if it breakdown the current support then there is a possibility of completing it's bullish bat pattern, from where we can expect a strong reversal.
BTC is currently consolidating in a narrow range in between the support and resistance zone. A breakout will be a bullish sign for BTC and if it breakdown the current support then there is a possibility of completing it's bullish bat pattern, from where we can expect a strong reversal.
🚨MARKET MOVEMENT🚨
Intraday Bitcoin volatility has just reached our May 2021 highs last week. Considering that BTC’s price action has remained in a relatively stable range over the past week, we can see a very strong flow of under-the-radar funds exchanging hands in the market.
What does this mean for BTC and ETH over the next couple of months?
This means that we’re likely going to see stronger short term volatility over the next 3-5 weeks, and eventually clear both long and short stops before a very likely high volume and high strength move up.
Intraday Bitcoin volatility has just reached our May 2021 highs last week. Considering that BTC’s price action has remained in a relatively stable range over the past week, we can see a very strong flow of under-the-radar funds exchanging hands in the market.
What does this mean for BTC and ETH over the next couple of months?
This means that we’re likely going to see stronger short term volatility over the next 3-5 weeks, and eventually clear both long and short stops before a very likely high volume and high strength move up.
In a recent report, CME institutionals have reduced shorts by 27%, do they expect short-term upturn? 📈 Will see.
P.S there are still 8.8x times more longs than shorts.
#BTC
P.S there are still 8.8x times more longs than shorts.
#BTC