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@codermeno
skilled _πšŒπš˜πšπšŽπš› & TA hosteller | #crypto class '21 ❝world belongs to bullish people managing to live in a bearish world
May 19, 2022 β€’ 8 tweets β€’ 4 min read
#Bitcoin has tried to fill a #gap between $24k to $26k not yet completed.

#educational HOW GAP WORKS Thread (#1/7)

Gaps are areas on a chart where the price moves sharply up or down, with no trading in between. As a result, the chart shows a gap (jump) in price.

#btc #Crypto Image #2/7

"Gaps occur because of underlying fundamental or technical factors. Ex., if a company's earnings are much higher than expected, the company's stock may gap up the next day. Meaning, price opened higher than it closed the day before, thereby leaving a gap" - Investopedia