nagihatoum

BTC1! two gaps to close

Long
nagihatoum Updated   
CME:BTC1!   Bitcoin CME Futures
BTC1! is in falling wedge at falling channel support after printing a diamond pattern on the CCI. RSI in a descending channel and bouncing of support.

Breakout of the falling wedge has a measured move of 39.8k which will close the two gaps at 28.8k and 35.6k.

Comment:
Broke out of the falling wedge with perfect retest and bounce. Most likely will close the gaps above.

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.