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BTC unfilled CME gaps!
Bitcoin CME Futures
BTC unfilled CME gaps!
By CM_Trades
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Jan 7, 2019
8
Jan 7, 2019
BTC has continued its uptrend over the past few weeks but has been leaving a trail of gaps behind it
The most recent one being from
3990~3875
We also have 2 others below
3685-3650
&
3165-3150
and another one higher above
4410-4375
, which coincides perfectly with the 48EMA
Whether we clear the higher one first before trending lower or return below to pick up the crumbs before breaking out higher waits to be seen
We have had some accumulation over the past few weeks as we can see from the 'ultimate volume' indicator but nothing to brag about
The CMVP seems to have topped out so a pullback could be expected as we look at this bearish Daily candle forming (still very early)
Thanks guys
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