Wen Number Go Up?
Here is a weekly chart for btcusd on bitstamp. We are currently in a nice fat volume node here. The Jan 2020 - Dec 2021 value area high sits around 34k almost right in the middle of that HVN. Not a bad spot to stack some sats. BUT if we break, look for the high volume areas lower down, 28.8k pivot, 24k (small) HVN, then the big ol 20k breakout retest. This is more so a map to help identify areas where you want to be trading. Personally I think we break the 28.8k pivot run up the liquidations into 24k and rip it.
Best,
A
Best,
A
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.