Bitcoin CME Gaps get filled normalyALWAYS look at the CME chart
BITCOIN CME GAPS
The Daily chart shows us one that is still open and down to 58900
For me, this is HIGHLY likely to get filled
So, SPOT BUY order placed at 59K ( not advice, just what I have done ) - Lets see if it gets filled.
What this highlights is simply that the CME is a Major player now. Look at the previous gaps that have been filled
It has the LARGEST share of FUTURES trades in the 'Bitcoin environment", overtaking Binance earlier in the year.
It HAS the power and it WILL use it.
We just have to play along, be smart and understand that most of the time, GAPS get filled. Knowing this can give you very good buying opportunities.
Just be careful when the bull run hits....they may get left behind till the Bear market hits...THEN the Gaps can give us ideas of retracement levels to come.
Lets see how thins plays out
Btccmegap
We have a CME Gap to Fill - Below current PAI have not Looked at the CME GAPS Chart for a while and here it is
WE HAVE A NEW GAP TP FILL..2 in fact but the lower one is so small it may not be worth the workl to fill it.
90% of Gaps get filled and given the dominance that CME Futures has now in the Bitcoin Market, I see no reason why this one will not also be filled.
So, PA is very likely to descend to lower line to Fill the Gap
Depending on Bull pressure, PA may turn before
Top Line at 62085
Bottom line at 60190
I have placed a SPOT BUY at 60200
Lets see if it fills.
NOY ADVICE JUST MY OPINION
#bitcoin #btc has closed a historical #CME #GAPAs 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 the #market and especially #BTCdominance. #BTCD will reveal the direction of the market. I will update my thoughts.
As you see on the chart, there only 1 #CME #FUTURES #GAP left at 20 - 21K region. Don' t underestimate this and also don' t be pessimistic, just carefully watch #bitcoin moves.
NOT FINANCIAL ADVICE. Dyor.
BTC CME gaps to be filled We are entering an important zone ➡️ above previous high and around 0.5fib...
Let's wait and see if we support or lose the R/S line. When lose, I close my long CRYPTOCAP:BTC position and start to look for short setups... If we support, we will continue 🐨
Be alert...
#trading #bitcoin
CME Gaps: Don't Ignore Them... How often have you heard this term “CME gap” on Twitter, Reddit and other social media platforms. People usually refer to CME gaps during and after the weekends. “There is a CME gap at $9800”, “Bitcoin is about to make a huge gap on the CME chart”, “gap has been filled” and so on.
What is CME
CME stands for Chicago Mercantile Exchange. It is the world’s largest financial derivatives exchange. This futures platform allows one to trade variety of asset classes like: agricultural products, energy, stock indices, fiat currencies, interest rates, real estates, metals and even they have futures trading options for weather.
What is a GAP
To put it plainly; A gap is simply an area on a chart that has no trades. It is basically an empty space between the close and open price of an asset. You can see the current gap just filled down at 19k-20k last week.
CME Bitcoin futures gap: Bitcoin (BTC) is being traded 24/7 on majority of crypto exchanges, but not on CME. Bitcoin does not trade during weekends on CME and this causes gap on CME chart once the trading resumes on the platform. The CME gap on Bitcoin typically occurs when the price of Bitcoin moves after the CME futures market is closed. Once CME opens; the trade on CME resumes at the same price as other Bitcoin exchanges thus creating a gap on the CME chart.
Why do they fill?
Price gaps getting filled is not just a CME phenomenon and is not just a Bitcoin thing. It’s a common occurrence that can also be seen quite regularly within stock and traditional markets. In most cases the price tend to fill the gaps and due to this many technical analysts consider gaps when doing price analysis. But why do they fill?
In physics there is a famous saying: “Nature abhors a vacuum“. This idiom is used to express the idea that any unfilled, empty spaces are unnatural and goes against the laws of physics and nature. This is based on Aristotle’s observation. Nature contains no vacuums because the denser surrounding material continuum would immediately fill the rarity of an incipient void.
Could this possibly be the reason why the gaps are getting filled?
Well, there are several different theories regarding this but the fact is no one exactly knows why gaps fill.
Trading based on BTC gaps
Although CME accounts for a large portion of BTC traded volume, the price of Bitcoin does not necessarily gravitate towards CME gaps. There are so many other factors such as Volume, momentum, buy / sell pressure, technical structures, support / resistance and many more.Traders consider gaps as an interesting marker on a chart. But they don’t necessarily trade on as they are not always a reliable indicator. They have high hit rate and so using them on your technical analysis will help you position yourself on the right side of the trade. However taking a trade solely based on this one factor is a wrong move. Trading gaps seems like an easy strategy but the risks are high and in most cases you’ll be on the losing side. So do not risk your trade account with just this one strategy. Use proper risk management, set stop losses and be sure to trade safe.
Apart from this there are other types of gaps which traders use in their technical analysis like for example: Liquidity gap, Breakaway, Balanced price range, Fair Value gap and so on...
I have located all the 'Unfilled' CME BTC gaps in the chart...
BTC CME an interesting patternLast night I was looking into BTC to short my position and my eyes bumped into this interesting pattern.
So whenever BTC made a gap in bearish wave/impulse. That wave ride upto 54-60% everytime.
I saw this 3 times already and this is happening now at the moment of writing too.
And what make it more interesting is which happened first time there are two gaps in a bearish impulse.
So if we calculate the 60% drop it get us a target of 12680 and the last gap of CME is at 9735 maybe a sudden wick and it will be closed.
Bitcoin Paper GapsBitcoin CME Futures tends to fill gaps time and time again, with the most recent/significant gap fills being at 32930 , 24605 , and now looking for a third fill around 18500 .
Not guaranteed, but they have each worked well as targets recently, and with current sentiment and macro outlook, it makes sense to me to see us fill the sub-20k gap, possibly even further down to 14k.
AVAXUSDT 14.02.22I find AVAX on support zone, S2 and ascending trend line.
Its just an small long position, the first TP could be around 88$ and other resistance (R2) and long trend line (the main resistance) magnified on chart.
Dont forget that the market do not have specified trend and SL always needs.
We will follow the trend...
14/Feb/22
DYOR
BTC CME gap#BTC need to fill the CME gap , thn will go up, Spot holder you are safe , Future trader you are going to liquidate. BTC will fill this gap soon or later but . BTC will goin back to 54K to 53k area . stay safe and enjoy. BTC will drop 5% more . spot holder hold your position and future trader Allah apke mad karai.
Thanks .
BTC/USD : Can't be bearish right now ! BYBIT:BTCUSD CME:BTC1!
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
📊 There are two factors that makes me bullish in short-term on #BTC !
- Still moving in a bearish pennant
- CME gap formed on 63K
📌 Have to mention that the bias is bullish on macro view and the current bearish pennant is target the supports below 50K's level !
📚 There will be 2 scenarios :
1st - Break below the pennant,
This could be happen right here or after a retest on the pennant's high.
2nd - Break above the pennant and fill the FVG and CME,
This scenario will be triggered when we reach the high in pennant's range !
So for now; As we holding the pennant we'll be safe and I'll looking for the potential LONGs in short-term on mid-cap ALTs...
🔴 If #BTC get below the pennant, Then we might face a stop-hunt event below the lower 4H's demand.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BTC - FILLING LAST WEEKS CME GAP?Hey everyone. Hope everyone is doing good. I have an idea here I was going to make an idea about this CME gap earlier this week (think I at least mentioned it in one of my charts) but NOW I think it is more relevant to the current situation so here we are.
To fill the CME gap we would need to drop to $61,345. This COULD be a good area for a limit buy although I think paying close attention to the charts and making sure there is a bounce would be a little more preferred along with a market buy. A SAFER ENTRY would be after BTC gets above the red resistance area.
As you can see on the chart, There IS SOME BEARISH DIVERGENCE on the RSI to support this IDEA as well.
IF BTC does fill the CME gap but the bounce is weak, then we could see something similar to the RED LINE play out where BTC heads back down to the SUPPORT at 58K. If this situation happens we would need to re-evaluate from there.
THIS IDEA WOULD BE INVALIDATED IF BTC GETS ABOVE THE RED RESISTANCE WITHOUT FILLING THE CME GAP.
Also, don't forget since this is the CME futures chart, Hitting the "play" button over the weekend is not going to be to helpful (In case you haven't had your coffee yet lol)
Well I'm going to keep this one rather short. Hope you guys like the idea or at least find it interesting! If so, please LIKE, SHARE, FOLLOW, and COMMENT. I will keep you guys updated as often as I can although I have been a little more busy lately than usual.
I FOUND A GOOD ARTICLE EXPLAINING WHAT A CME GAP IS although I cant post the link here so CHECK MY TWITER, The button is below!
*** As always, this is NOT financial advice. This is an IDEA based off of my experience trading and studying cryptocurrencies. Always do your own research before trading or investing.***