Looking for support below - confluence area -
95k Bullish Breaker + Orderblock with Imbalance + 618 fib + Value area Low of the current range.
Currently in the range after we moved up significantly but recently rejected from the point of control inside this range.
Low target would be the Yearly Vwap which is on its way up to the 62,488 fib level.
I think price action and the Yvwap will meet near 63k.
If we were to lose that vwap, theres a nice easy fall to the 54k area.
Not Ever Financial Advice.
95k Bullish Breaker + Orderblock with Imbalance + 618 fib + Value area Low of the current range.
Currently in the range after we moved up significantly but recently rejected from the point of control inside this range.
Low target would be the Yearly Vwap which is on its way up to the 62,488 fib level.
I think price action and the Yvwap will meet near 63k.
If we were to lose that vwap, theres a nice easy fall to the 54k area.
Not Ever Financial Advice.
Nota
zoomed outNota
5 minute perspective Sunday June 16thNota
Bounced earlyNota
Back to the original post you can see on the 12hr timeframe the idea is playing out . Nota
if we go lower look for this breaker around the Yvwap at 58-59k Nota
Bounced from that Yvwap + 452 Bullish Breaker
***Get 25% off Nami indicators - nami-trading.com/?dt_id=1375915
***CRYPTO TAXES use KOINLY - koinly.io/?via=97548A41&utm_source=affiliate
***JOIN TRADINGVIEW tradingview.com/?aff_id=137
***CRYPTO TAXES use KOINLY - koinly.io/?via=97548A41&utm_source=affiliate
***JOIN TRADINGVIEW tradingview.com/?aff_id=137
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
***Get 25% off Nami indicators - nami-trading.com/?dt_id=1375915
***CRYPTO TAXES use KOINLY - koinly.io/?via=97548A41&utm_source=affiliate
***JOIN TRADINGVIEW tradingview.com/?aff_id=137
***CRYPTO TAXES use KOINLY - koinly.io/?via=97548A41&utm_source=affiliate
***JOIN TRADINGVIEW tradingview.com/?aff_id=137
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.