- Just posting to monitor the new gap.
- Not an Analysis.
- This new gap can be taken back fast or can be taken back later at next bear market.
- The Legend of the Gap.
Happy Tr4Ding !
What is CME Gap? (Chicago Mercantile Exchange) (CME)
A CME gap is created when the price of Bitcoin opens above or below the previous day's close on the CME exchange.
One of the prime reasons for CME gap creation is the fact that CME markets remain closed over the weekend and during a part of the day. Bitcoin, on other spot exchanges, is traded...
As we didn't expect - the rumours about BTC payments pulled BTC price higher than H1 downtrend channel.
As we expected than - a good bounce from the resistance of 40500 - 40000 to the level of 37000 - 36500.
The price now is about 37000 and we should share our trading ideas with you.
The main thing is that we are still in a major sideway correction.
It is on...
Hello,
1. Elliot wave retracement for wave 2 is at the green pocket at previous resistance which will be tested as support.
2. CME GAP AT 60K levels.
3. same fractals from historical price movement.
4. Harmonic Cypher pattern will throw the price to 60k levels back again.
5. Volume is missing on this breakout. possibly bulls waiting for a retest,
6. RSI Is...
