Mind The Gap: An In-Depth Analysis on CME GapsThis analyses shows what happened during the last 10 CME gaps. We can use this information to create a scenario on the future predicted price of BTCUSD given the current gap.
We can observe that 8 out of 10 CME gaps were filled within reasonable time. The gap from the 29th of January was filled 30 days later, but I considered this too long. I have been focusing on gaps that were filled within about 7 days. In this case we get a 80% success ratio (and a 90% success ratio when you make it into a 30 day window).
Applying this on the current gap, we are roughly 9% below the top of the gap. This means that we can trade this 9% potential and aim to have the gap recovered within the coming week. Based on historical data purely this should give us around an 80% success rate.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Cme!
Bitcoin Long Term AnalysisThis is an Update for previous analysis.
After the test of $7200, BTC got rejected but in the way of dump, Open Interest stands still.
I am bearish as long as BTC is below $7400. but if a 12hour candle closes above it then the test of $7800~$8000 is more probable.
The weekly chart shows the potential of shooting star candle right below a resistance zone as long as the bearish cross of EMA(21) and EMA(55) .
The 2D chart confirmed Death Cross and Cross test on Spot and CME charts.
There is a potential Trap in this area because the Open Interest and Volume doesn't confirm any Major Break in this area. but the Volume is quite mature as it stands. So a major move is near and coming.
printer go brrrrrrI would think about taking a sidebet that we never see 5300/btc again.
Pictured are HTF horizontal S/R and the orange horizontals show unfilled CME gaps.
If this was $bnb, would you be buying this chart? lmao no.
Inverse chart means short dollar, with actual bullish cases to be made.
brrrrrrrr.
Keep your capital safe.
Will The Bitcoin CME Futures Gap Fill After The Drop?Bitcoin (BTCUSD) dropped below $6500 and is now trading around the $5900 support.
We still have the "Gap" from 8-March, will it fill after the drop?
Here you can find the most important support levels for Bitcoin on the daily timeframe:
Bitcoin Daily Important Retracement Support (+Extension Targets)
Bitcoin Ends In Adam & Eve Bottom Again, Repeat 2018/19 Pattern?
Feel free to hit LIKE to show your support.
Namaste.
BTC1! CME BTC futures, will the large gap be closed?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.
BTC1! BTC CME futures trend is downPrice 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 above it at $9325. The maximum upward move as far I can see is $9605. Price is now getting squeezed between the 1H 200ema and the 1H cloud support. MACD has crossed down and is heading to the midline. Price penetration inside the cloud is bearish. A break back into the downward channel will send prices to $7670, closing the gap.
CME huge gap on Bitcoin USD 4 HFriends hello everyone
The Chicago Stock Exchange has formed one of the biggest price gaps.
Found an interesting fractal by which you can open a deal
Entrance 7900
7750
Goals
8470
9070
Stop 7500
Profit risk 1.4
This is just my opinion, and is not a call to action)
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$BTC CME view for the mid term 09/03Nous 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 encore une fois, une relance rapide devra être faites pour que les structures très long terme ne soit pas trop endommagés ...
Dans ce contexte de crash mondial qui s'installe peu à peu, les cryptos vont elles servir ç ce pourquoi elles ont été crées ?! Je l'espère, let's see
CME Bear Flag|Open Gap|Volume Climax| Oversold Bounce 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 evident
The CME Futures gaps aren’t to be taken lightly as historically it has proven to be significant with consecutive fills. The bear flag has been confirmed with a Gap open due to spot market trading over the weekend.
Local support is found at the .618 Fibonacci, a break below this support will increase the probability of filling an open technical gap situated at around $7690.00 – fulfilling the gap prophecy once again.
The RSI and stochastics are over extended; sellers have been in full control with no convincing bounce cooling off oscillators.
Volume climax is evident; this is the first sign of potential seller exhaustion after heavy selling.
Overall in my opinion, Gaps historically tend to fill sooner rather than later. Oscillators have been over extended due to immense selling – increasing the probability of an oversold bounce.
We have entered bear territory as of now.
What are your thoughts?
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And remember,
“Once you find the system that works for your style/personality and confidence is gained, wash, rinse, repeat over and over again.” – Sunrisetrader
BTC1! CME futures $9325 then $7670The 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 it is were price will retest the neckline of the H&S, It is also bottom resistance of the 4H ichimoku cloud and the top resistance of the 2H ichimoku cloud. Price action did not reach the H&S target which is very close to the next gap at $7670, so price will have a very strong incentive to go down again.
How to make CME-gap traders happyThe 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 hands ether hedge their remaining profits or accept the losses already made as they cut their bags and trades. At this time we reach CME Future gap #3 were smart money flushes the markets and starts buying their bags. After a short visit price will massively gain steam as the last and also eldest, let's call him Granpa CME Future gap #1 comes into play.
We will see how this dream will turn out. If you are a CME Future gap trader my prayers are with you, as this play also matches my personal bias.
Comments, especially opposing opinions are highly appreciated!
Cheers!