Can BTCUSD color inside the lines?
1) Red band : VPVR area of greatest volume.
2) Magenta upper and lower bands : area of volume bounded by tested strong support/resistance.
3) Blue dashed band : very strong resistance/support.
4) Yellow dashed bands: Upper and lower areas of support/resistance
All the bands are contained within the angle which BTC could follow to an obvious conclusion. Keep an eye on your preferred choice of indicators and fundamentals this week for more direction. There are many unsettling events coming which may portend a choppy week and taking extra due diligence. Trade safe.
2) Magenta upper and lower bands : area of volume bounded by tested strong support/resistance.
3) Blue dashed band : very strong resistance/support.
4) Yellow dashed bands: Upper and lower areas of support/resistance
All the bands are contained within the angle which BTC could follow to an obvious conclusion. Keep an eye on your preferred choice of indicators and fundamentals this week for more direction. There are many unsettling events coming which may portend a choppy week and taking extra due diligence. Trade safe.
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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.
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.