Vendome_Capital
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0Joined Jun 24, 2024
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trendanalysis
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BTC - VAH and trendline can serve as key pivotal areas of support and resistance over the coming days for the opposite scenarios.
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Tracking a WXY pattern into $57.3k liquidity and order block zone
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Possible area of strong resistance at the GP with confluence of anchor VWAP and range POC. Conversely, if claimed, the level can act as support with higher prices to come. Price moving on positive CVD / high volume from NY session open.
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Chart shows latest state of play of BTC, VWAPs being reclaimed which may result in relief rally in NY session; support and resistance levels marked in red (resistance) and yellow (support). Next area to track to the downside is the GP which also overlaps a nPOC.
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