NASDAQ:CRWV 8 Gaps Previously filled and 6 Gaps to Watch

🧠 “Trade what you see, not what you feel. Respect the levels.”
Historical Behavior Shown in this Chart
Gap Analysis (15-Minute Chart)
There are 14 significant gaps visible on the chart. These are marked with either "GAP" and “FILLED" and brown box overlays. Here's a breakdown:
✅ Gaps Already Filled (Downward & Upward)
There are 8 distinct brown boxes labeled "FILLED" on the chart. These represent historical gaps that have already been closed by price action. Let's analyze 3/8:
📌 1. Gap Fill – April 1, 2025
1. Type: Breakaway Gap (Upside)
2. Formed: March 28–March 31, 2025
3. Gap Range: ~$37 to ~$39
4. Price Action:
After gapping up, the stock failed to maintain momentum and retraced over the next several sessions. The gap was ultimately filled around April 2.
5. Technical Note:
Breakaway gaps often signify the start of a new trend, but this one was weakly supported. The fill was quick, signaling a false breakout or lack of volume follow-through.


📌 2. Gap Fill – April 8, 2025
• Type: Continuation Gap (Upside)
• Formed: April 4, 2025
• Gap Range: ~$51 to ~$53.83
• Price Action:
Price gapped up mid-trend, then retraced within a couple of days, filling the gap on April 7–8.
• Technical Note:
Continuation gaps are common during trends, but in this case, momentum waned quickly, indicating a weak rally that was unable to sustain itself. The fill was driven by lack of bullish follow-through.


📌 3. Gap Fill – April 7, 2025
• Type: Exhaustion Gap (Upside)
• Formed: April 7, 2025
• Gap Range: ~$44.50 to ~$47
• Price Action:
After the gap up, price peaked and reversed shortly after. The gap was filled as the price collapsed over the next few sessions.
• Technical Note:
Classic exhaustion gap behavior—forming late in a rally and quickly reversing. Traders who chased this move were likely trapped. The RSI during this period was likely overbought, setting up the pullback.

❌ Gaps Not Yet Filled

4. Gap #4 (May 2, 2025)
o Type: Runaway Gap (Upside)
o Filled: No
o Likelihood of Fill: Low
o Price to Fill: ~$44.72 to ~$45.83
o Comment: If a pullback occurs toward the 0.618 Fib ($48.68) or MA200, 1hr time frame ($48.68), this gap is in a high-probability zone to get filled.

5. Gap #5 (May 12, 2025)
o Type: Breakaway Gap (Upside)
o Filled: No
o Likelihood of Fill: Moderate (Currently in a strong uptrend)
o Price to Fill: ~$51.51
o Comment: Breakaway gaps at the start of a new strong rally tend to remain unfilled. Unless a major correction happens toward 0.5 Fib ($54.51), this gap may get filled.
🎯 “If that happens, we could see Gap #4 filled too.”

6. Gap #6 (May 16, 2025)
o Type: Exhaustion Gap (Potential)
o Filled: No
o Likelihood of Fill: High
o Price to Fill: ~$66.49
o Comment: Given it's near the top (around ATH at $87.44) and the RSI is climbing, this could be an exhaustion gap. A pullback toward MA200 or Fib 0.236 ($69.75) is likely

Gaps 1-3 will be analyzed if necessary


📉 MA200 (200-period Moving Average) Analysis
• Currently around $71.76, rising steadily.
• Price is significantly extended above MA200, signaling short-term overbought conditions.
• Acts as dynamic support and sits near the 0.236 Fib level, which reinforces this zone as a high-probability pullback level.
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📈 Price Action Observations
• Trend: Strong bullish structure with higher highs and higher lows.
• Recent ATH: $88.90 marked as key resistance.
• RSI: At 55.21, near overbought territory but not extreme—supports room for short-term continuation before a correction.
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🧠 Summary & Trade Insights
🔽 High-Probability Gap Fills (Downside Potential)
• Gap #6 ($66.49) Most likely to be filled soon.
• Gap #4 ($44.72) Possible in a deeper pullback scenario.
📊 Uptrend Continuation Scenario
• If price holds above 0.236 Fib ($70.63) and the MA200 ($71.76), momentum likely continues toward new highs.
🛑 Risk Levels
• Break below $71.76 (MA200) could trigger sharper corrections toward $66.49 filling Gap #6 or even fallen at 0.382 Fib ($61.27)

🔁 Key Technical Takeaways
🎯 Common Characteristics of All Filled Gaps
• They were all retraced within a few sessions (1–3 trading days).
• The market corrected overextended moves — both overbought and oversold.
• Volume and momentum often weakened post-gap, causing mean reversion.
• The RSI during these fills likely hovered in overbought/oversold zones.
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📉 Could Similar Gaps Be Filled in the Near Future?
Yes — based on historical behavior shown in this chart, there is a strong technical precedent that:
• Gaps left unfilled above the current price (like Gap #6 near $66.49) are at high risk of being filled, especially as:
o RSI climbs near overbought,
o MA200 and Fib 0.236 intersect near the gap,
o Price gets extended from its moving average.
• This mean-reverting behavior is highly typical of CRWV's price action.
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🧠 Conclusion
The brown-boxed "FILLED" gaps on the CRWV 10-minute chart give us a clear signal:
Gaps—both up and down—are frequently filled shortly after forming, especially when driven by unsustained momentum.
Watch for retests of recent unfilled gaps, particularly if:
• Price breaks below MA200,
• Momentum indicators (like RSI) show divergence,
• Volume dries up near recent highs.


NFA
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