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Cmegap

Unfilled CME GapsI found Completely unfilled 06 CME Gaps all the way in this market cycle up to date. The lowest Gap is 9665$ - 9925$. The Highest completely unfilled gap has located in 60,165 $ - 57,750 $. This highest gap was almost filled by a wick up to 59,990$ but still remaining as a completely unfilled gap. Since previous days there was an idea among most of the traders that all the CME Futures gaps will be filled sooner or later. We can calculate a percentage of this from the Highest & Lowest price ranges in this market cycle up to date (Bottom of the cycle of 4,210 $ on 13th March 2020 to Top of the cycle of 65,520 $ on 14th of April, 2021) is as follows. Total no of Weeks = 81 Total Gaps formrd = 81 Total Gaps Remains = 06 Total Gaps Closted = 81-06 = 75 Percentage of closed gaps = (75/81*100%) = 92.6% Percentage of opened gaps = (6/81*100%) = 7.4% This calculation says that there is a 92.6% probability to fill CME Futures gaps sooner or later but still there is a 7.40% percentage that doesn't respect that all the way through this cycle.
CME:BTC1!
by Thushsc
3
BTC down when Amazon denies BTC paymentsAs we didn't expect - the rumours about BTC payments pulled BTC price higher than H1 downtrend channel. As we expected than - a good bounce from the resistance of 40500 - 40000 to the level of 37000 - 36500. The price now is about 37000 and we should share our trading ideas with you. The main thing is that we are still in a major sideway correction. It is on the way, and we can see the real efforts to brake the downtrend and move up again (but not now). There still was no real downtrend correction, as you can see it in the chart. Probably BTC can move higher, but not so high as the Binance squizze (LOL). Please also mention that now we have a HUGE GAP on 34550 - 32450 that can be closed in this week. So we are again looking for a good SHORT position and will keep in touch with more good ideas from Scalper Season Team. If BTC will be stable for few days higher than 42000 - 41000, than we can expect it above 57000 - 55000.
Short
by Scalper_Season
4
CME Gaps explained - Sunday night suckersI've been exploring CME Gaps for sometime. Here in this chart I go through several of the most outstanding gaps left in the BTC market. Tonight was a wonderful example of how CME Gaps can lead you astray. Generally speaking, CME Gaps are filled relatively quickly, and or the gap price hovers closely over the weekend, so the fill almost goes unnoticed. This weekend however, went differently (so far), but not so differently if you look into the past. There is in general gap theory on all charts, but BTC holds many peoples close attention. The last time the CME gap was this large, it slowly but surely filled that gap methodically. Once market makers saw this opportunity (imo), there was an explosive run away gap scenario to take advantage of. Many retail traders observed an opportunity to short once CME began trading again, this is generally not a poor strategy. However, other market makers saw an opportunity to grab liquidity, and they have thus far. Which other major CME Gap will fill first $49K or $23K? Or alternatively, fill the newly existing CME Gap and remain range bound for another month or so?
CME:BTC1!
by DestinyJV
3
Interesting confluence for BTC around $23.8K Fib + CME GapRecently found some interesting confluence around $23.8K for BTC. If you like this let me know, or why you disagree. The entire Global Fib "Golden Pocket" from Bitstamp, happens to overlap with the largest remaining CME Gap yet to be filled from Dec 2020. Fib extension from the very top has a 2:2 smack in the middle of the overlap, as well as a 1:1 Fib extension from the local price action. Will we reach this level before rising back into a full bull market? Personally, I believe we will.
BITSTAMP:BTCUSD
by DestinyJV
4
Bitcoin Wyckoff Accumulation Change to schematic #2In contradiction to what I was saying in my previous analyses Bitcoin made a pump last night after finding support on the golden pocket level of a fibonacci trend-based extension (.618- .66) and creating a low at the 1.618 of a trend based fib extension *. Due to this pump I think that it is less likely that the bitcoin price will have a spring, therefore, I changed my price predictions more towards the second accumulation schematic of wyckoff instead of the first one. When this hold the ultimate low will be created on Monday/Tuesday after this we would see increase to test and flip previous resistance levels into support. At the moment of writing the price is trying to reclaim the 36k, which in my opinion is not very likely at this point. If the prices gets rejected at the 36 a small downside move is more likely to happen, this also te prevent the creation of a large weekend gap on CME (which, most of the time, need to be filled before we can move any higher). If (4) holds in the schematic an increase to the .786 of the first wave can be seen. However keep in mind that there is potentially some more downside and that (4) can be extended to the golden pocket where (5) and (2) also held support or in the worst case scenario to the .786 at ~33,100. * The chart below shows the 1.618
BITFINEX:BTCUSD
by DaanVerbeek
6