BTC CME Futures - A history of gap fills
Some say gaps do not matter in crypto. However, all the gaps have been filled on BTC1! CME Futures. This last gap down was a bit different than most, it filled about 95% of the gap, leaving a bit left over, maybe they are saving that for later like they did on the 28th of June gap.
One other unique feature of this gap...
The volume is correct for this BTC head and shoulders. Volume is a key component in calling something a H&S - the left shoulder should have higher volume than the head. I am short from 7100, will reduce my position in the purple box, then re-add back to it on the bounce to test the left shoulder around 6800-7k
Happy Trading!