Niallofthe_9

Niallofthe_9

Using the last high we can form a triangle that is harmonic with the volume profile centring itself in the middle of the triangle. Further peaks in volume create resistance and support demonstrating a possible break up then down. You’re welcome!

Niallofthe_9

Using the peak of our latest high we can form a triangle that has not been broken out of. The volume profile aligns with the centre of the triangle and provides another line of resistance if BTC breaks up. Similarly the volume shows us how BTC might have multiple areas of resistance of it the breaks down. You’re welcome!