ALWAYS 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
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
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.