/biz/ - Business & Finance

>>58024761
CME gap education must include the understanding of the differences between 1D gaps and Hourly gaps. It's the 1D gaps that get filled.

>>58024362
>From there we might need to fill the CME gap at 3k
No. Gaps don't "need" to get filled, but they DO get filled. But not Hourly gaps. When we say gaps get filled we're talking about 1D gaps. The gap at 3.5k is on the 4H so it most likely won't get filled.

>>58024362
>From there we might need to fill the CME gap at 3k
No. Gaps don't "need" to get filled, but they they do. But not Hourly gaps. When we say gaps get filled we're talking about 1D gaps. The gap at 3.5k is on the 4H so it most likely won't get filled.

>>57859646
Indeed, as there's a CME gap at just under 10k.

>>57859670
Yes it will go (much) lower, but it very well might pump above 70k first. It doesn't have to continue dumping from here. Probably won't go to above 70k though. But that indicator has been maxed out for a while already, so it could stay maxed for a for a little while longer and during that time BTC could pump a bit more. But yes it's basically over, whatever BTC does in the near term there's a long way to the bottom (somewhere below 10k). With regards to that indicator it's helpful to look at more than just one timeframe. The 1W isn't maxed yet, it shows there's some room left to go before it maxes out. But of course it doesn't have to max out, it can turn downwards long before maxing out as it often does.

Take a look at the MACD as well on various timeframes.

>>57851731
nah

Get educated.