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via BeInCrypto · By Lockridge Okoth

Bitcoin’s First CME Gap-Free Monday Puts a Popular Trading Signal to the Test

BTC

BTC/USDT

$64,431.72

+0.13%

$64,431.72

+0.13%

(24s)

24h Volume

$11,757,241,232.18

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short

63.0%

Long: 63.0%Short: 37.0%

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,300.00

▲ 1.56%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,444.00

Resistance 1$64,699.58

Price$64,300.00

Support 1$64,175.98

Support 2$61,895.10

Support 3$59,130.91

Pivot (PP):$64,145.17

Trend:Downtrend

RSI (14):42.1

Lockridge Okoth

(05:46 PM UTC)

1 min read

Updated byMichael Roberts

1188 views

0 comments

Bitcoin (BTC) starts its first full trading week with no new CME futures gap on the chart. The shift ends an eight-year market quirk that traders relied on to forecast short-term price targets.

The Chicago Mercantile Exchange (CME) moved its regulated cryptocurrency futures and options to around-the-clock trading on May 29. The change removed the weekend closure that had produced visible price…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Lockridge Okoth · BeInCrypto

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