Naeem_Dhudhi
Open Trade
High-Frequency Trader
3.5 Years
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See my returns and portfolio breakdown. Follow for investment tips
What is CME GAP?
Here’s simple and short explanation.
A CME gap refers to a price gap on Bitcoin futures traded on the Chicago Mercantile Exchange (CME). These gaps are often noted by traders because they may indicate potential areas where the price could return in the future.
Here’s how it works:
• CME Bitcoin futures only trade Monday to Friday, and do not trade on weekends.
• However, Bitcoin trades 24/7 on crypto exchanges like Binance or Coinbase.
• If Bitcoin’s price moves significantly over the weekend, the CME futures chart will show a “gap” when it reopens on Sunday evening (U.S. time).
Example:
• CME closes Friday with Bitcoin at $104000
• Over the weekend, Bitcoin pumps to $106000.
• When CME opens again Sunday night, there’s a $2,000 gap on the CME chart between $104K and $106K.
Why it matters:
• Traders often believe “CME gaps get filled”, meaning Bitcoin might return to the price range of the gap.
• This belief is based on historical patterns, though it’s not guaranteed.
In summary:
A CME gap is the difference in price on the CME Bitcoin futures chart between Friday’s close and Sunday’s open due to the CME being closed over the weekend while Bitcoin continues to trade elsewhere. It’s used by some traders as a technical indicator.
Here’s simple and short explanation.
A CME gap refers to a price gap on Bitcoin futures traded on the Chicago Mercantile Exchange (CME). These gaps are often noted by traders because they may indicate potential areas where the price could return in the future.
Here’s how it works:
• CME Bitcoin futures only trade Monday to Friday, and do not trade on weekends.
• However, Bitcoin trades 24/7 on crypto exchanges like Binance or Coinbase.
• If Bitcoin’s price moves significantly over the weekend, the CME futures chart will show a “gap” when it reopens on Sunday evening (U.S. time).
Example:
• CME closes Friday with Bitcoin at $104000
• Over the weekend, Bitcoin pumps to $106000.
• When CME opens again Sunday night, there’s a $2,000 gap on the CME chart between $104K and $106K.
Why it matters:
• Traders often believe “CME gaps get filled”, meaning Bitcoin might return to the price range of the gap.
• This belief is based on historical patterns, though it’s not guaranteed.
In summary:
A CME gap is the difference in price on the CME Bitcoin futures chart between Friday’s close and Sunday’s open due to the CME being closed over the weekend while Bitcoin continues to trade elsewhere. It’s used by some traders as a technical indicator.
Scam alert⚠️❌
Don’t get into such kind of stuff. That price of SOL is higher in etc website as of binance.
Elon never posted such things it’s totally scam.
I get into it. Make my account on below mentioned website. Passed my kyc and deposited 20 dollar solana for testing purpose. Fee was 1 dollar for deposit and withdraw each. Got my withdraw with in 1 minute into binance.
Later I deposited 1 sol worth 172$ and swapped them into usdt and got profit of 15 dollars. Later i deposited 1010 dollar of solana i got profit of 99 dollars via swap.
After that i deposited 1565$ worth of SOL but after swapping when i went for withdrawing my usdt the canceled my withdrawal request and said to get a premium account by depositing 2000$ dollars as my balance is above 1k dollar. ( I raised this query of deposit and withdrawal limit before depositing but there customer care said that there is no such limit)
I transferred my assets into another account of same website but same error was there and they message me on my another account that making multiple account is illegal i have to unblock my main account.
Kindly don’t involve in such activities your money is really valuable.
Resign to share this story is that you people don’t get scammed as i.
Don’t get into such kind of stuff. That price of SOL is higher in etc website as of binance.
Elon never posted such things it’s totally scam.
I get into it. Make my account on below mentioned website. Passed my kyc and deposited 20 dollar solana for testing purpose. Fee was 1 dollar for deposit and withdraw each. Got my withdraw with in 1 minute into binance.
Later I deposited 1 sol worth 172$ and swapped them into usdt and got profit of 15 dollars. Later i deposited 1010 dollar of solana i got profit of 99 dollars via swap.
After that i deposited 1565$ worth of SOL but after swapping when i went for withdrawing my usdt the canceled my withdrawal request and said to get a premium account by depositing 2000$ dollars as my balance is above 1k dollar. ( I raised this query of deposit and withdrawal limit before depositing but there customer care said that there is no such limit)
I transferred my assets into another account of same website but same error was there and they message me on my another account that making multiple account is illegal i have to unblock my main account.
Kindly don’t involve in such activities your money is really valuable.
Resign to share this story is that you people don’t get scammed as i.
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