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hightableandy
Jul 13, 2019 3:52 PM

BTC Gap Short

Bitcoin FuturesCME GLOBEX

Description

After analyzing the CME gaps, all of the weekend gaps have been filled previously besides the 8450 gap. Furthermore, the longest time it took for a gap to fill was 43 days which was done in August 2018. So far the gap has been opened for 29 days and I conclude that BTC will hit 8450 in no more than 2 weeks from now. There is a chance the price will continue trending down from 11000-12000 or price can go for 1 more higher high to wipe the shorts and then fall to 8500.
Comments
arjun_chennam
nice indicators, god bless you
hightableandy
Gap took 102 days to fill 8500 region, the longest time it took to fill a gap.
userzero1
do you consider the 7.1-7.4 a gap? i'm still undecided about that one.
hightableandy
@s8bits, not sure about that gap because it looks half filled.
Bullandbeartrading
Great indicator, keep going!!
hightableandy
@Bullandbeartrading, thank you. Happy trading.
arjun_chennam
@Bullandbeartrading, yes good indicators
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