Bitcoin
Updated

Bitcoin analysis of the Zone

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There are pockets of time where high interest of creation of positions are made. Big market orders are made to fill the books, the history books in fact, yes, you heard that right.

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(Open this in a main window to see the horizontal lines for the playable thing at the very top)

Rejected 9500, rejected 8700. Not a great place to open if you missed either, would aim +/-5-7% away from 8700 if you're looking to enter to limit loss if wrong

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Bullish for 3-7% move up then dump to gank all the 'safe' longs below the initial pump on the 25 of October.
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Messy but accurate volume based s/r bars. I've been learning new methods that I can hopefully apply to it.

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One second ticker accuracy of VFAP's outmost bands:
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In the first picture, notice the +/- volume:
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Notes from lower timeframes:
- Expect 0.5% reversals
- S/R WILL be tested
- The liquidity on Deribit makes it difficult to post limit <1% order exits
- Coinbase's BTCUSD feels the most real
- Binance's high volume thin wall trading is fun to watch
- Take note of major S/R on higher timeframes for easy confirmation on hedging

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