$BTC We are discussing about #Bitcoin futures trading and a potential gap in the charts. A CME gap refers to a price gap on the Chicago Mercantile Exchange (CME) Bitcoin futures chart, which can indicate a potential price movement to fill that gap.
Current and Last week a 7.46% of gap is created approximately $4260 USDT, above the last closing on friday which suggests a significant price movement may be necessary to fill the gap. (as shown in Photo attached)Traders often watch these gaps, as they can indicate potential support or resistance levels.Keep in mind that gaps don't always get filled, and various market factors can influence price movements,but if this gap will filled then BTC has to dump again on 58k Level !
a wick of 64950 is expected so we can take a chance with limit order of 64950 64900 with S.L of 65100 or 65050 if you want to take Short now then keep an eye on BTC Chart and Targits will be
64200
63400
62300
61200
59400
58800
58100
Till Gap filled
Hold if you want to achieve Sychlogically Drop Targit i.e 53500k
If you can not afford a S.L hit on 64100 then dont take risk but if you found BTC droped down in Coming hours Days or Weeks it will Fill the CME gap you can Take Profit from this Dump.