Today we want to have a look at the current CME Gaps (GAP BOYZ!!). Looking back in the past we can see that every single gap has sooner or later been filled, so we can use them as some sort of guidance through this jungle.
We see currently 3 gaps...with the most recent one being between 11400 and 11900. The next ones are way below towards 10500 and even lower towards 8400 regions. We can see that we have a clear trendline break from the current upmove and we are shaping some sort of descending triangle overall. If we want to map this out with respecting all gaps then it looks to me that we are shaping some sort of short term double bottom at the 11300 regions which will push us back up towards 12000 ... to close that gap and maybe to test the trendline again.
After that I think we will see strong pressure downwards towards 10500. Once we get there I will update the chart.
Good Luck out there.
Komm zu t.me/BitCoin_AltCoin_Chart_Chat für Top Krypto Analysen.
We see currently 3 gaps...with the most recent one being between 11400 and 11900. The next ones are way below towards 10500 and even lower towards 8400 regions. We can see that we have a clear trendline break from the current upmove and we are shaping some sort of descending triangle overall. If we want to map this out with respecting all gaps then it looks to me that we are shaping some sort of short term double bottom at the 11300 regions which will push us back up towards 12000 ... to close that gap and maybe to test the trendline again.
After that I think we will see strong pressure downwards towards 10500. Once we get there I will update the chart.
Good Luck out there.
Komm zu t.me/BitCoin_AltCoin_Chart_Chat für Top Krypto Analysen.