What does gap filled mean in cryptocurrency trading?

7 answers

• Dec 17, 2021 · 3 years ago
  In cryptocurrency trading, 'gap filled' refers to a situation where the price of a cryptocurrency asset moves to fill a price gap that was previously left on a price chart. A price gap occurs when there is a significant difference between the closing price of one trading session and the opening price of the next session. When the price moves to fill this gap, it means that the price has reached the level of the previous closing or opening price, effectively 'filling' the gap. This can be an important technical indicator for traders, as it suggests that the market has returned to a previous level of support or resistance.
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• Dec 17, 2021 · 3 years ago
  So, 'gap filled' basically means that the price of a cryptocurrency has returned to a previous level where there was a gap on the price chart. It's like the market is going back to 'fill' that gap. This can be significant because gaps on price charts often act as support or resistance levels. When a gap is filled, it means that the market has reached that level and may react accordingly. Traders often pay attention to gap filling as it can provide insights into potential price movements.
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• Dec 17, 2021 · 3 years ago
  As an expert in cryptocurrency trading, I can tell you that 'gap filled' is a term commonly used in technical analysis. It refers to the price movement that fills a gap on a price chart. When a gap is filled, it means that the price has returned to the level of the previous closing or opening price. This can be an important signal for traders, as it indicates that the market has reached a previous level of support or resistance. However, it's worth noting that not all gaps are filled, and traders should consider other factors before making trading decisions.
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• Dec 17, 2021 · 3 years ago
  Gap filled in cryptocurrency trading is when the price of a cryptocurrency asset moves to fill a gap on a price chart. This can happen when there is a significant difference between the closing price of one trading session and the opening price of the next session. When the price moves to fill this gap, it means that the market has reached the level of the previous closing or opening price. Traders often pay attention to gap filling as it can provide insights into potential price movements and market sentiment.
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• Dec 17, 2021 · 3 years ago
  As a professional cryptocurrency trader, I can tell you that 'gap filled' is a term used to describe the price movement that fills a gap on a price chart. When a gap is filled, it means that the price has returned to the level of the previous closing or opening price. This can be an important technical signal for traders, as it suggests that the market has reached a previous level of support or resistance. However, it's important to note that not all gaps are filled, and traders should consider other factors before making trading decisions.
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• Dec 17, 2021 · 3 years ago
  In cryptocurrency trading, 'gap filled' means that the price of a cryptocurrency has moved to fill a gap on a price chart. This can happen when there is a significant difference between the closing price of one trading session and the opening price of the next session. When the price moves to fill this gap, it means that the market has reached the level of the previous closing or opening price. Traders often pay attention to gap filling as it can provide insights into potential price movements and market trends.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, explains that 'gap filled' in cryptocurrency trading refers to the price movement that fills a gap on a price chart. When a gap is filled, it means that the price has returned to the level of the previous closing or opening price. This can be an important technical signal for traders, as it suggests that the market has reached a previous level of support or resistance. However, it's important to note that not all gaps are filled, and traders should consider other factors before making trading decisions.
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