Last gap has been filled at 18400 there are no more gaps to be filled at lower levels , next gap is at 30k.
Is this the bottom? very high chance that it is the bottom waiting for lower prices at this point would be crazy Chainlink hasn't even made lower lows.
My worst case is 14k but now that we filled the last CME gap and we have this springboard on the daily hitting perfectly best to close all shorts.
We at the bottom of the Mayer band this happens only in extreme cycle bottoms.
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USDT DOMINANCE CHART IS STRAIGHT UP VERTICAL! SURELY THIS IS BLOWOFF TOP !
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Springboard would still be vaild if we close daily at 18.5k in 34mins
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Interesting development just had my indicator flash "cycle Bottom" just after daily candle close in realtime .
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We ended up closing above 18.5k so springboard still vaild .
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USDT will close inside channel tonight hitting march 2020 extreme!
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There is a high chance that we close tonight above or just on the 200weekly currently sitting at 22.5k.
@BizzarTrading, Techincally there two gaps lets go over them:
1.First gap that is lower is at 11195 at from wick to wick is 0.30% , really we can't call that a gap its basically been filled and traders having being measuring from candle to candle not from wick to wick.
2. Second there is one at 9745 which is 1.09% now what happens is when we form such a small gap normally under 2% and it does not get filled within next open there is more than 95% chance it will not get filled.
This is why for me the last true CME Gap was at 18400 coming in at 3.83% which is higher than the average gap of 2.37%
Btc_Hunter1
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there is one as about 9800 and not completely filled
kamil92
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It has to close the gap on CME chart which is closed during the weekend so no, it has not been closed yet. If it is retested tomorrow when markets are open then it will be closed.