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Bitcoin Gone Wild…. 1.18.2018

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

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What a wild ride in the Bitcoin contract specifically and the cryptocurrencies in general.

Below you can see a 60 minutes chart on the XBT, the CBOE contract ( traded over 15,000 contracts today!!)

More on bitcoin futures:

https://www.cannontrading.com/community/bitcoin-futures

CFE Bitcoin Jan 18, 60 Min Chart

Good Trading!

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Futures Trading Levels

1-18-2018 

Contract March 2018  SP500 Nasdaq100 Dow Jones Mini Russell BitCoin Index
Resistance 3 2846.33 6946.75 26571 1614.23 14686.67
Resistance 2 2827.92 6890.50 26345 1603.77 13243.33
Resistance 1 2815.83 6857.25 26226 1596.73 12111.67
Pivot 2797.42 6801.00 26000 1586.27 10668.33
Support 1 2785.33 6767.75 25881 1579.23 9536.67
Support 2 2766.92 6711.50 25655 1568.77 8093.33
Support 3 2754.83 6678.25 25536 1561.73 6961.67
Contract Feb. Gold Mar. Silver Feb. Crude Oil Mar.  Bonds Mar.  Euro
Resistance 3 1357.6 17.54 65.13 151 31/32 1.2464
Resistance 2 1351.0 17.43 64.65 151 19/32 1.2416
Resistance 1 1340.1 17.23 64.27 150 31/32 1.2337
Pivot 1333.5 17.12 63.79 150 19/32 1.2289
Support 1 1322.6 16.92 63.41 149 31/32 1.2210
Support 2 1316.0 16.81 62.93 149 19/32 1.2162
Support 3 1305.1 16.61 62.55 148 31/32 1.2083
Contract Mar.  Corn Mar. Wheat March Beans Mar. SoyMeal Feb. Nat Gas
Resistance 3 359.8 432.4 979.58 330.13 3.53
Resistance 2 356.5 427.8 974.42 327.37 3.41
Resistance 1 354.8 424.7 971.58 325.83 3.34
Pivot 351.5 420.1 966.42 323.07 3.22
Support 1 349.8 416.9 963.6 321.5 3.1
Support 2 346.5 412.3 958.42 318.77 3.03
Support 3 344.8 409.2 955.58 317.23 2.96

Economic Reports, source: 

http://app.bettertrader.co

Economic Reports - Thursday, Jan 18th
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

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