BTC1! cme in a ascending triangle

2020년 10월 5일

CME failed to close the gap that opened this week, instead price heading in the opposite direction. As it happened before price will reverse and fall to close the gap. If price maintains within the ascending triangle then price action is bullish and upward trend will resume.

2020년 10월 6일

노트

price decided to reverse quickly and close the gap, which in my opinion is better for the bullish case, if price bounces and does not continue to fall