Looking at the weekly volume profiles, Last week bitcoin failed to shift value lower for the first time in 4 weeks
It did reject the 7100 area and filled in the gap on the weekly profile from the 9th April
I'm looking for bitcoin to hold the retest of 7500 (last weeks POC) and move price above 7600ish (Last weeks Value Area High + and key level from 9th April)
If we can accept higher price and build value above 7600 then 7900 + 8200 are in play
If we drop below 7500, i would expect last weeks Value Area Low to be tested @ 7284
Tight stops required, if your more risk averse there will be opportunities above 7600
It did reject the 7100 area and filled in the gap on the weekly profile from the 9th April
I'm looking for bitcoin to hold the retest of 7500 (last weeks POC) and move price above 7600ish (Last weeks Value Area High + and key level from 9th April)
If we can accept higher price and build value above 7600 then 7900 + 8200 are in play
If we drop below 7500, i would expect last weeks Value Area Low to be tested @ 7284
Tight stops required, if your more risk averse there will be opportunities above 7600
Not
It blasted 200pts up just as i posted this, made a high of 7700. Would like to see price pining off 7600 and hold above this level
Not
That 7600 was hard to holdFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.