DannyC914

BTC daily chart update

Long
CME:BTC1!   Futures Bitcoin CME
In the daily chart, we can see that it is currently the rising wedge shape. If the price breaks upwards, pay attention to the first target range of 27577.61~28171.07.
This range also overlaps with the CME gap (the black line on the right chart marks the gap range, and the green line marks the first target range).
Prices generally tend to fill the CME gap. If the daily bar breaks above the wedge, it is possible to fill the CME gap.
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The lower black rectangle on the daily chart is the support area.
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