As you see on the chart, there was very important #CMEFUTURES gap at 35 - 36K area which was opened in #luna collapse times. Now, #btcusdt price has CLOSED this historical gap and what now?
It' s too early to say #btcprice will go on through the #bullrun or " BTC will directly go to close the OTHER historical GAP at 20 - 21K region!.."
Now, just relax and watch...
These CME gaps have a tendency to get "filled” – meaning that the market corrects back into the gap. While sources struggle to agree on the exact percentage, most of them agree that at least 65% of CME gaps are filled eventually.
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We are not...
Bitcoin/3H doing a parallel upward channel
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We filled the gap from 27.2 to 28.5 and we are holding AT the top of the gap. showing more Bull control than Bear.
This could break to the upside and goes all the way to ~31.7 Or (~292400)
It could also hold it here untill NY market open then dump it to ~26.8 if that...
#BTC1!
$BTC filled the lowest gap between $26650 and $23685. and reached the support zone.
now #BTC have 2 gaps above the nearest is between $27355 and $28920, that if price hold this support zone, then bulls will head up to fill these gaps.
Since i am late in the purchase i will try to enter after passing th 100% mark in the small move. or 50% mark in the mig moove. Fibonacci is great tool. Anything can happen but i will bet on thsi one. 2: 4 risk .
