Recent price action produced an enormous gap in the CME futures price action. Will price follow the bottom of the ichimoku cloud like it did in August 2018 and close the gap or will the price remain bound in the descending channel and close the gap later? It is apparent in any case a bear flag will form.
It is a long way down and obviously it will not be a straight line down. But I envision a leveling off then a mega dump in the future.
Price is following a narrow downward channel similar to the upward channel that it was in. Both upward and downward channels are bound by the 1H 200ema. In the upward channel 1H 200ema acted as support, in the downward channel it flipped to strong resistance. $9255 is very strong resistance, a break above it is relatively bullish because there are more resistances...
Friends hello everyone The Chicago Stock Exchange has formed one of the biggest price gaps. Found an interesting fractal by which you can open a deal Entrance 7900 7750 Goals 8470 9070 Stop 7500 Profit risk 1.4 This is just my opinion, and is not a call to action) Looks good? Leave a like, share and leave a comment. Thanks for visiting.
Nous sommes de retour dans une zone des prix très attractive pour le bitcoin et beaucoup d'intérêt pourrait se trouver ici. Dernier gap CME comblé sur ce pic de volume vendeur, maisntenant un énorme GAP se trouve au dessus de nous. De retour dans ce range d'accumulation énorme qui avait été break en Bear trap vers fin 2019, si nous cassons par le bas ce range...
#CME opened at 8025, with a gap all the way at 9160. This is the largest CME gap of all time. 🚨✅ No Panic Guys 💪👍
Evening Traders, Today’s TA will be based on an oversold bounce play being imminent due to the immense selling over the weekend that has left the CME Futures with a 10% Gap. Points to consider, - CME bear flag confirmed - Local support at .618 Fibonacci - Huge open Gap (Technical Gap at $7690 open) - RSI and stochastics overextended - Volume node climax...
Also on BTCUSD, but it appears patterns are clearer on the CME futures. Target $9570 top of the 4H cloud. $9295 is very strong resistance, price might not penetrate it.
The CME futures shows a head and shoulders that is not clear in BTCUSD. CME Also shows a W formation which is bullish. While BTCUSD has a clear fallen wedge and broke out of it which is also bullish. Combining information from both gives a clearer picture of what will happen. Now obviously the trend is up. But on the CME, $9323 is a very strong resistance because...
#CME Bitcoin chart has a unfilled gap since January 27th, 2020.
It seems we have a perfect bullish BAT with some amazing confluence the CME gap at 8450 that still isn't filled. The bottom of the gap is exactly to the dollar at the pattern completion zone of the harmonic pattern.
The dream of every CME-gap trader: First we well visit CME Future gap #3 which is the youngest in our CME-gap family. After a mid-short bull-bear fight at the daily support/resistance area at 8930 bears will continue to gain strength as new market participants feel for the first time the rollercoaster ride of emotion the volatility of crypto assets causes. Weak...
New week - new CME Gap that needs to be filled. This time it is a gap of 2%. Last two gaps were filled: 1st one on a first day 2nd - during a week Let's see how it goes this time. And do not forget that gap trading can be dangerous because you can get a move to other direction, always limit your losses. Information is just for educational purposes, never...
As you can see on the chart the current situation is almost identical to the period of 25 April - 5 May 2019. The next step was quite the explosion in price, so perhaps it will happen again this week?
It does not show on the BTC chart because of too much noise. Obviously going to close the gaps below.
Expecting a drop to close the CME Futures gaps at 7,300 which has added confluence with our level of demand. From here, we could expect a rally to test all time highs and beyond