BTC1! gap at 35k

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The recent strong downtrend as produces a small gap on the CME at 35.3k. Price has reached range support and the technicals are pulling out of oversold. The possibility of a relief rally to close the gap is there.

39.6k is a point of confluent resistances and can be a final target. The price might falter at any time and head to close the big gap at 23.8k.
Kommentar
BTC1! is still ranging with CCI breaking out of its downtrend but RSI still testing its downward trendline.
Snapshot
BTCBitcoin FuturesChart PatternsCMEgapTechnical IndicatorsTrend Analysis

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