Things on the chart
**Monthly anchored VWAP from 1st Oct
Monday Range drawn using Fibonacci
RSI with two trendlines drawn on it**
So, last time I posted about bitcoin bouncing off of the 33800-33900 range, It bounced off of 33754 and that was good, some of you made some šµ with that bounce so cong.
that was a 45m timeframe and worked out pretty well
Here we have 4h chart...
So you can see initially with a clean break, it has tried to hold above the monday range, but couldn't. so it fell back in the range and with my 45m update, retested the range top from underside, that counts as acceptance in the range.. So given the weekend ahead UNLESS THERE"S NO NEWS MANIPULATING THE PRICE, you will atleast see btc at the mid range where the monthly VWAP Top is, and then it decide whether to hold that top or no.. whether to hold 32779 or no... if it holds it, we have another shot at clearing the range high, but if not.. then we come down to 29700-29300 range where the next confluence area to hold is.
DXY side, we have a clean Wyckoff here, That white box you see has 4MAs clustered there and the white rectangle there is the LPS where it bounced and starts the markup,
Unless any news manipulated the market, these two charts should behave the way its being told these will.
So, weekend ahead.. no trade days for me.. just scalps.
