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#bitcoin #gap
$BTC : CME Gaps as Price Magnets 🧲
On the CME Futures chart, we see an interesting picture: most of the price gaps have already been closed, but three remain unclosed. 📉
For those who don’t know: CME gaps arise from the difference between the close of trading on the exchange on Friday and its opening on Monday. Historically, the price often tends to return to these levels to “close” the gap.
Will these three zones become support/resistance levels, or will the price simply ignore them during the upward movement? Let’s watch! 🧐
$BTC : CME Gaps as Price Magnets 🧲
On the CME Futures chart, we see an interesting picture: most of the price gaps have already been closed, but three remain unclosed. 📉
For those who don’t know: CME gaps arise from the difference between the close of trading on the exchange on Friday and its opening on Monday. Historically, the price often tends to return to these levels to “close” the gap.
Will these three zones become support/resistance levels, or will the price simply ignore them during the upward movement? Let’s watch! 🧐
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