Get started
shoshik

SFP of 48k could lead price into 27/28k support

Short
BTCUSDT Perpetual Contract (BYBIT:BTCUSDT.P)  
shoshik  
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Trend Analysis
2
0
trendanalysis
On W TF we can see ugly rejection from monthly naked POC and also swing failure pattern on this previous range high.

My idea is easy with using anchored vwap from the bottom (it is magnet for price) and the nearest strong level around vwap is HTF weekly level.

Actual resistance could be at 44k.
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.