BTC: The Low Must Be In! Otherwise it’s a failure
https://www.tradingview.com/chart/BLX/n0NzOuqU-BTC-The-Low-Must-Be-In-Otherwise-it-s-a-failure/
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https://www.tradingview.com/chart/BLX/n0NzOuqU-BTC-The-Low-Must-Be-In-Otherwise-it-s-a-failure/
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❗️BTC Broke Down 6k on spot market
Moreover we’ve got the state of backwardation
What Is Backwardation?
Backwardation is when the current price - spot price of an underlying asset is higher than prices trading in the futures market, and that’s when we should pay very close attention to it and consider entering a long position
Moreover we’ve got the state of backwardation
What Is Backwardation?
Backwardation is when the current price - spot price of an underlying asset is higher than prices trading in the futures market, and that’s when we should pay very close attention to it and consider entering a long position
CryptoBullet
BTC: Fated to Go Below 6k? https://www.tradingview.com/chart/BTCUSD/qnZSNCNV-BTC-Fated-to-Go-Below-6k/ ❗️Don't forget to subscribe to our Trading View profile & press the like button. We would appreciate it.
🎯 BTC was fated to go below 6k and it has done it today
(check out our Trading View idea published on December 15th)
(check out our Trading View idea published on December 15th)
CryptoBullet
⚠️ Open Interest is at a new All-Time High
Open Interest above $1 billion once again has proven itself to be the best indicator to anticipate huge sell offs
From your point of view, is the bottom in or not?
Final Results
33%
The bottom is in
67%
We'll go lower
📉 Friday’s market sell-off followed Wall Street’s worst day since 1987. Governments are worried that the global economy would plunge into recession, so they decided to deploy stimulus to ease virus damage:
⁃ Federal Reserve recently injected $500B into the financial system
⁃ China’s central bank launched $79B stimulus for virus-hit companies
⁃ Japan offered to provide as much as 2.2 trillion yen ($20.8 billion) of liquidity in three different operations
⁃ The Central Bank of EU decided to increase bond purchases by $132B this year
The money is newly created and injected into the financial system
⁃ South Korea printed $10B
⁃ Bank of England stimulus plan is $39B
⁃ Australia’s central bank injected $5.5 billion in its open-market operations, the most in at least seven years
The fiat paradigm is trying its best to put out the fire
⁃ Federal Reserve recently injected $500B into the financial system
⁃ China’s central bank launched $79B stimulus for virus-hit companies
⁃ Japan offered to provide as much as 2.2 trillion yen ($20.8 billion) of liquidity in three different operations
⁃ The Central Bank of EU decided to increase bond purchases by $132B this year
The money is newly created and injected into the financial system
⁃ South Korea printed $10B
⁃ Bank of England stimulus plan is $39B
⁃ Australia’s central bank injected $5.5 billion in its open-market operations, the most in at least seven years
The fiat paradigm is trying its best to put out the fire
CryptoBullet
Open Interest above $1 billion once again has proven itself to be the best indicator to anticipate huge sell offs
Open Interest hit its lowest level since May 17th, 2019
We are running out of fuel⛽️
We are running out of fuel⛽️
BTC: Are You Scared? Perfect!
https://www.tradingview.com/chart/BTCUSD/RAyDt78O-BTC-Are-You-Scared-Perfect/
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https://www.tradingview.com/chart/BTCUSD/RAyDt78O-BTC-Are-You-Scared-Perfect/
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Quick BTC update
The price is being squeezed between these two MAs: EMA50 - supporting the price & EMA100 - rejecting the price. We can consolidate for some time in this range until we break out, so keep an eye on this
⚠️ Hidden bearish divergence present on the RSI
The price is being squeezed between these two MAs: EMA50 - supporting the price & EMA100 - rejecting the price. We can consolidate for some time in this range until we break out, so keep an eye on this
⚠️ Hidden bearish divergence present on the RSI
CryptoBullet
BTC 4h chart 💡It’s all about this pretty wide channel (almost $2k wide). We will stay inside for some time before a breakout Pay attention to MA50 which is in line with the mid line of this channel = strong support Resistance: EMA100. Next one is channel’s…
BTC 4h update
We reached the upper boundary of the channel and got rejected there
Right now we are dangerously sitting on the EMA100. Break this one and the MA50 here we go
We reached the upper boundary of the channel and got rejected there
Right now we are dangerously sitting on the EMA100. Break this one and the MA50 here we go
CryptoBullet
BTC 4h update We reached the upper boundary of the channel and got rejected there Right now we are dangerously sitting on the EMA100. Break this one and the MA50 here we go
BTC 4h update
We are still holding the EMA100, the volume is declining which precedes a spike in volatility
Bearish div present on the RSI
Breaking down the EMA100 would be a short confirmation
We are still holding the EMA100, the volume is declining which precedes a spike in volatility
Bearish div present on the RSI
Breaking down the EMA100 would be a short confirmation
BTC 4 update
💡Big move is coming and as we are at the resistance right now with bear div on the RSI. The bias is generally bearish, but the EMA100 needs to break first
However, we’ve created a pretty decent ascending triangle within this upward channel, but it doesn’t feel like one of those which reach its ultimate target
📍With the CME Futures expiration around the corner we are to see a pretty interesting market action. Be cautious
💡Big move is coming and as we are at the resistance right now with bear div on the RSI. The bias is generally bearish, but the EMA100 needs to break first
However, we’ve created a pretty decent ascending triangle within this upward channel, but it doesn’t feel like one of those which reach its ultimate target
📍With the CME Futures expiration around the corner we are to see a pretty interesting market action. Be cautious
CryptoBullet
BTC 4 update 💡Big move is coming and as we are at the resistance right now with bear div on the RSI. The bias is generally bearish, but the EMA100 needs to break first However, we’ve created a pretty decent ascending triangle within this upward channel…
BTC Update
📉There we go! BTC dumped by more than $600 like we expected
As we said in previous update, the bias was bearish and now you see why
📉There we go! BTC dumped by more than $600 like we expected
As we said in previous update, the bias was bearish and now you see why
CryptoBullet
BTC Update 📉There we go! BTC dumped by more than $600 like we expected As we said in previous update, the bias was bearish and now you see why
BTC 4h update
BTC is facing a tough resistance: MA50 + EMA100
We need to break above those MAs and then the target would be EMA200 (which currently sitting at 7k)
💡RSI keeps being rejected by the declining trendline, but soon the resistance will be broken. Watch the RSI closely, it may break out first
BTC is facing a tough resistance: MA50 + EMA100
We need to break above those MAs and then the target would be EMA200 (which currently sitting at 7k)
💡RSI keeps being rejected by the declining trendline, but soon the resistance will be broken. Watch the RSI closely, it may break out first
CryptoBullet
📌 CME Gaps to keep in mind The lower gap is likely to be filled soon
🎯 CME Gap got filled like we expected