Opening with a price GAP and monitoring whether this particular bar would hold as a 'run away price bar' or 'an island /exhaustion bar' where the probability of filling in the gap would be considered after the closing price on a daily session.
On the other hand, regardless of it, the weekly trading sessions will define the actual candle bar interpretation at the closing week of Dec 1 which happens to overlap with the opening price levels for the new month. Something to seriously consider as a chartist or market technician.
Although, this market is momentum driven by the interest in value of bitcoin and the exceptional rally it commands.
Comparative Chart & price update: GBTC BTCUSD ETHUSD
As of US session
Momentum has indeed been the driver on BTCUSD as prices is shy away from the 10k; while GBTC have gotten ahead of the market gap that it is currently at USD1450.00. And not wanting to be left behind is ETHUSD at USD470.00 with a recent high marked at 487.00 as of writing.
Comparative Chart & price update: GBTC BTCUSD ETHUSD
As of US session
GBTC Price Update Above 1200 as of Nov 28, 2017
Trading the Bitcoin market is more focused as an 'Alternative Trade Strategy'.
As it carries a much higher degree of risk due to its volatility and susceptibility
to its current market regulations.
to its current market regulations.
It is well recognize by the Luxembourg Financial Regulator, the Luxembourg Financial Industry Supervisory Commission (known as CSSF)
