After 6 months absence, going to start my monthly thread on
BTC1!
I have updated the monthly direction table for last 6 months. Even during a major bull run majority of the time CME Week was showing a weakness. However for last 6 months, CME week is showing a more of a ranging performance followed by weakness.
CME Data:
Trade Volume increasing while Open Interest is reducing, meaning contracts are getting closed prior to settlement.
Gaps: Currently 2 major gaps are open
Gap Open - 2022 May , within the price range of 34450 to 35925
Gap Open - 2022 June, within the price range of 27300 to 28945
Trades: Looking for short if price tries to get stronger prior to final settlement date.
I have updated the monthly direction table for last 6 months. Even during a major bull run majority of the time CME Week was showing a weakness. However for last 6 months, CME week is showing a more of a ranging performance followed by weakness.
CME Data:
Trade Volume increasing while Open Interest is reducing, meaning contracts are getting closed prior to settlement.
Gaps: Currently 2 major gaps are open
Gap Open - 2022 May , within the price range of 34450 to 35925
Gap Open - 2022 June, within the price range of 27300 to 28945
Trades: Looking for short if price tries to get stronger prior to final settlement date.
Learn! Invest! Earn!
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Learn! Invest! Earn!
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
