BTCUSDT Volume Profile + Important Resistance levels

2021年7月20日

The price is currently outside the 70% Value area and will probably go up at least to the Value area low level. later on, the price will probably re-test the red POC level and close above the down trend . The positive RSi divergence already helped push the price higher and helped starting the up momentum but it is still weak.

This is still a Neutral scenario. The Price needs to close above the down trend for at least 3 days after the re-test before considering a bullish setup.

This is only valid as long as the 28805 support level hold .

Good Luck

2021年7月21日

注释

Price Reached the Value Area Low level will probably touch the downtrend before it start a correction. breaking 32453 level will increase the up momentum that will help pushing the price to the POC level. Still Neutral

2021年7月22日

注释

Price reached the POC level and retraced down below the trendline, the second day it opened above the downtrend but same as the previous day close . this show uncertainty and fear in the market. The price will push back up to retest the POC again and again and if that happens it will close above the downtrend. This is still a Neutral setup.

2021年7月24日

注释

breached the POC level but we still need a correction and the trendline re-test

2021年7月25日

注释

High probability to test the Value area high level