- Gap MT4
- Wycoff Break Down
- Been waiting for it to happen
- Gaps Get Filled 80% - 90% of the time
- I believe from my own Trading observations.
Chat GTP Analysis
- BTC/USD Gap Fill Probability Analysis
- Observations:
- Current Price: ~$87,699
- Support Broken: Price has decisively broken below $91,586.
- Gap Zones:
- Top Gap: ~$79,988
- Bottom Gap: ~$74,244
- Probability of Gap Fills:
- Top Gap ($79,988) → 85% Probability
- Price has broken key support and is heading downward.
- Strong historical tendency for gaps to fill (~80%+).
- No immediate strong support to stop further decline.
- High probability of at least touching $79,988 in the near term.
- Bottom Gap ($74,244) → 65% Probability
- If $79,988 fails to hold, the next liquidity zone is around $74,244.
- Further breakdowns in BTC could push price lower.
- Less probability than the top gap, but still a strong possibility if selling pressure continues.
- Conclusion:
- BTC/USD likely to fill the top gap ($79,988) first (85% probability).
- If momentum continues, $74,244 (bottom gap) has a 65% chance of being filled.
- Look for reaction at $79,988—if it holds, a bounce is likely; if it breaks, expect further downside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.