$BTC sitting in balance after yesterday's pump. Consolidation following an explosive move usually hints at continuation.
Price reclaimed the daily VWAP — slightly bullish intraday. But we're still below the daily open and weekly VWAP.
For continuation, need to see those reclaimed + acceptance above yesterday's high. If buyers can't push through, weekend range is more likely.
Setup: Watch for reclaim of daily open & weekly VWAP, then yesterday's high. Invalidation if we chop and fail to hold structure into the weekend.
Price reclaimed the daily VWAP — slightly bullish intraday. But we're still below the daily open and weekly VWAP.
For continuation, need to see those reclaimed + acceptance above yesterday's high. If buyers can't push through, weekend range is more likely.
Setup: Watch for reclaim of daily open & weekly VWAP, then yesterday's high. Invalidation if we chop and fail to hold structure into the weekend.