VSA
BTC Showing Signs of Weakness - Drop to 10400 Possible #BTCUSDTThe price rejection at 10680 signals a reversal in the market and inability for support to form at these levels
The next significant support level is 10400 and the range between 10400 - 10600 may continue for a while as re-accumulation occurs
Easy Trade - Set Limit Order at 10800 BTCThe recent breakout of the 10500 - 10800 range confirms strength at this level and supports the further move up above 11k
If price retraces to the top of the recent range (10800) there is a very high probability it will rebound from there
Also, this entire range on the daily going back to Sept 21st is the fuel for the next leg up in BTC and the fuel has not been exhausted according to the counts on the point and figure chart
Wyckoff Point and Figure Count Short-Term Target for BTC 10657I did a point and figure count for the most recent small re-accumulation phase starting on Sept 21st to determine if that phase would signal rise in price
The price is currently hovering around the 10657 target and showing significant Signs of Strength, this is a good sign and signals a possible next leg up is coming