You can never really know if it will return to fill old gaps.. It's very very likely that it will, but there are no guarantees in the market.. But what you can be sure of is that there will be cracked bases in the future and plenty of panics for us to participate in.. therefor your account will only increase with time.. But I am hoping that we get a correction to $3,000 or below, sometime soon ..
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I really appreciate the insight about gaps...I feel like you gave me such a valuable little piece of the puzzle I didn't know about before. I've been digging through so many crypto charts and finding endless examples of these gaps, and the charts seem to eventually correct them....some faster than others. Crypto is unique in that it's not uncommon for a coin to pump 30%, 50%, even 100%+ in short periods...which is the perfect storm to produce these gaps. Gaps are also the perfect ingredient to motivate a cracked base. Such valuable information. Just recently KMD ran 300% in just a few days....and there was a very small gap left behind...well, it's on it's way to correct that gap as we speak. The forces of nature at work ;)
I'm really itching to get into your slack group @quickfingersluc ... I'm trading daily, and hungry for more info. Really need to surround myself with more like-minded people who are inspired by learning, and sharing quality chart/crypto info. Hoping to offer some value to the group just the same. Thanks for sharing such valuable insight. I'm super grateful.
Thanks for the comments.. Hopefully there will be an invite soon and you can join the slack chatroom. I did not create the room, so I can't offer you an invite.. But I do join in on the conversations/treads quite often..
Hey Luc and guys! Who to contact or where to apply for Slack invite :)? https://quickfingerstraders.slack.com/ doesn't have any info
theres an invite in his next post.
@quickfingersluc ... I've also noticed that the concept of gaps seems to work in inverse scenarios as well. If there's a huge crack that leaves a big gap...that gap needs to be filled just the same.
How about ETH I know it is still quite young but I see many huge unfilled gaps . Am I just missing something on ETH?
lite coin also has unfilled boxes clear down to $5. Bitcoin is the master and must adhere to the rules more strictly?