All BTC gaps have been filled on the lower timeframes.
Gap #1 was created around
64K before we dropped to a low of $58k. Price filled this gap and failed to climb above. This caused BTC to drop lower to fill our lower gaps.
This second gap was created upon the impulse to the upside to fill the first gap. This was filled and BTC continued to descend to fill gap #3 that was created when price made its recent low.
Now all three gaps have been filled. We will be monitoring this chart to see if any additional gaps will be created this weekend.
Gap #1 was created around
64K before we dropped to a low of $58k. Price filled this gap and failed to climb above. This caused BTC to drop lower to fill our lower gaps.This second gap was created upon the impulse to the upside to fill the first gap. This was filled and BTC continued to descend to fill gap #3 that was created when price made its recent low.
Now all three gaps have been filled. We will be monitoring this chart to see if any additional gaps will be created this weekend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.