there are some points in BTC monthly price action
1- strong rejection area on the 64500 $: the price action shows there is strong rejection on this price. If the price returns to this area, the sellers strongly defended their positions.
2-The volume in this area also has a b-shaped profile that confirms the price action.
3- the price is near the volume cluster zone. It can act as a resistance in a b-shaped volume profile.
1- strong rejection area on the 64500 $: the price action shows there is strong rejection on this price. If the price returns to this area, the sellers strongly defended their positions.
2-The volume in this area also has a b-shaped profile that confirms the price action.
3- the price is near the volume cluster zone. It can act as a resistance in a b-shaped volume profile.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.