Will be BTC follow the CME GAP or the Bears will send him down?
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Let's take a look at the important facts about technical analysis:
Strong resistance remains and is in the $ 6900-7000 range
Bulls must hold $ 6500 if they want to go up and win fight for $ 7K
Trading tips remain as they are on the chart:
Open SHORT orders in the $ 6900-7000 zone This resistance zone works well and the bulls need very high volumes to pass successfully
Open LONG orders at $ 6500
Very important note.
There is a CME GAP between 8280 and 9165 $ and it is possible that we will get there shortly.
In short what is CME GAP:
CME is a regulated stock exchange that does not trade during the weekend, if there are significant shifts during this time is created GAP - differences between classical exchanges and CME.
It has been confirmed many times in the past that it was these GAPs that were later completed and that BTC returned to this value.
Strong resistance remains and is in the $ 6900-7000 range
Bulls must hold $ 6500 if they want to go up and win fight for $ 7K
Trading tips remain as they are on the chart:
Open SHORT orders in the $ 6900-7000 zone This resistance zone works well and the bulls need very high volumes to pass successfully
Open LONG orders at $ 6500
Very important note.
There is a CME GAP between 8280 and 9165 $ and it is possible that we will get there shortly.
In short what is CME GAP:
CME is a regulated stock exchange that does not trade during the weekend, if there are significant shifts during this time is created GAP - differences between classical exchanges and CME.
It has been confirmed many times in the past that it was these GAPs that were later completed and that BTC returned to this value.
Note
It's here the bulls have the power to keep 7K $We'll probably get into the CME GAP zone
We keep our fingers crossed
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