One more Gap left?
Not posted a TA about gaps in years , not traded a gap in years , once we blasted off in December 2020 and hit 50k range I thought no chance we fill the two gaps (yellow circles) , gaps are a thing of the past no longer get filled.....
536 days later we fill the 25k to 27k gap and no we have one more gap to fill at 18.3k , this could be the bottom filling this dam CME gap , after this gap we have no lower gaps to fill only the new one created recently (blue circle).
CME is currently at 20k just 2k off the last lower gap to be filled if filling this gap is not the bottom and worst case max pain price would most likely be 14k.
Its also important to note that Bitcoin has never closed a weekly candle under the 200 weekly moving average and right now we are 10% under the 200 weekly .
536 days later we fill the 25k to 27k gap and no we have one more gap to fill at 18.3k , this could be the bottom filling this dam CME gap , after this gap we have no lower gaps to fill only the new one created recently (blue circle).
CME is currently at 20k just 2k off the last lower gap to be filled if filling this gap is not the bottom and worst case max pain price would most likely be 14k.
Its also important to note that Bitcoin has never closed a weekly candle under the 200 weekly moving average and right now we are 10% under the 200 weekly .
t.me/+8CRZJqXrjwU4ODA0 re-launched telegram group , it is free , just place to chillout talk about crypto bull market , will be posting trades live randomly
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。