Short and sweet. where is the phase B sow? v Was this planned for the global correction across all asset classes? static reference
RU v.s. UKR / CZ Covid-zero & TW tension / U.S. inflation / global markets overvaluation of assets Post 2020 there has been no scenario where crypto comes out ahead of until global correction of all markets. (hopefully this doesn't play out but never say never) static reference
I encourage you to have a look at how price has behaved near the 1hr 800 ema or 4hr 200ema Vol check
YFI has made a nice move to the upside, however this wick still is a concern
VSA showing signs of possible trend change in the immediate future (thermo vwamp and vwma). Post FOMC will gie more information
MM decided to slam through the 2020. based off volume analysis im favoring high prices plandemic lows
as of today i am favoring the higher price narrative so long as a green vector candle forms sometime this trading day
The strength of the retrace will give optimum buying opportunity and scalp. DWM pivot 2 key area where volatility increases. Volume decrease+ vwap resistance (top chart heatmap) & decreasing momentum oscillator heatmap and trend squeeze. Expecting Thursday LONG LIQS IF PRICE CONTINUES WITH NO RETRACE
24hr vol profile heatmap All this volume to move +5% Circled area of confluence for either higher or lower prices
overview Bitcoin has caught retail by surprise and yet hasn't broken the key 39k level where they started this move. momentum appears to be shifting according to the squeeze indicator volume profile (blue shaded areas represemnt different timeframes volume profile POC the yellow and blue boxes identify vector candles with very high and ultra high volume (hv/uhv)
Following how the MM moves through VSA and mean reversion below are several confluences favoring higher prices
Using just high and ultra high volume candle paints the picture of where we are likely headed As long as volume decreases on this retrace expect higher prices when the showing of a green vector candle (PVSRA ) A breakdown past 39k would invalidate this idea
Clear example of VSA at work Ultra high vol (blue volume candle with red arrow) doji candle on UHV (ultra high volume) & vector candl Sunday/Monday false move