The gap on the BTC futures chart on the CME is completely closed. And so far on the Chicago Mercantile Exchange the price has bounced above the gap range. Now the nearest gap is $67,335-67,440. The remainder of the gap has been since mid-April.
Let us repeat what has already been said - further growth is questionable if the spot price does not consolidate above the EMA of the 50 day TF (currently $63,921).
Other important levels within the resistance pool are still the same:
- volume level $64,120,
- EMA 200 four-hour TF (currently $64,039).
The daily candle has so far found support at the volume level of $62,987. But it's red and has a bear shadow on top. On the daily TF, the upward candlestick structure still remains, but on the four-hour TF there is already a downward reversal.
In order for growth to continue, you need to close the daily candle above the indicated resistances. If today this condition for growth is not met, there is a high risk of going for additional liquidity below. To the supports indicated on the chart.
