Yesterday we were consolidating above the POC (which was at 23.8k at the time) and said if we lost it first target was 22.9-23k.
We broke it and reached our target fairly quickly, then bounced off the daily which was in confluence with the anchored VWAP just below 22.6k, and are now back above 23k.
2 important levels which I'm interested in:
- 23.8k (daily + VAH + 4H OB)
- 21-21.4k (daily + 4H OB)
If we break the recent low at 22.5k, I'm expecting a move to 21.2k ish
If we break 23.8-23.9k, it's a very good sign on strength for BTC, with 26k still being our first level of interest to the upside
Any questions?
Good luck traders
Remember not to break your rules
Habib
We broke it and reached our target fairly quickly, then bounced off the daily which was in confluence with the anchored VWAP just below 22.6k, and are now back above 23k.
2 important levels which I'm interested in:
- 23.8k (daily + VAH + 4H OB)
- 21-21.4k (daily + 4H OB)
If we break the recent low at 22.5k, I'm expecting a move to 21.2k ish
If we break 23.8-23.9k, it's a very good sign on strength for BTC, with 26k still being our first level of interest to the upside
Any questions?
Good luck traders
Remember not to break your rules
Habib
