This is the Bitcoin CME future with the close on Friday, if it is true that the gaps are closed, I expect area 42000.
We are finally starting to stay a hair above the 50-day SMA (40638.80) and still below the 200-day SMA (44709). Area 38000 has been good support for now. We will have to break area 44000 which is very big to fight.
As usual, I report the weekly levels to be observed and the levels for intraday trading:
For the interpretation of the levels and the construction of the excel sheet that I always publish, and my trading method, you can consult the book in Italian and English: https://www.amazon.it/dp/B09QRXJCDQ https://www.amazon.com/dp/B09RHH9PVH
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This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
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