crypto_prophet_king38

Bitcoin Entry Prices for Next Bull Run!

Long
COINBASE:BTCUSD   Bitcoin
Hello guys,

today’s day trading analysis will be on BTC

There is a very nicely looking volume-based setup called the “Volume Accumulation Setup“

First, there was a rotation in which heavy volumes got accumulated (traded). You can see the volumes on the Flexible Volume Profile indicator below.

Then, after the big guys (trading institutions) placed their big trades there, they pushed the price upwards into an uptrend.

This uptrend tells us, that the volumes placed in the rotation (blue rectangle ) were Longs.

This is an information we can work with. Now we know where strong institutional buyers placed a lot of their Long positions.

This are is now very important place for them.

When the price makes it back to this heavy volume area again then, those buyers will want to protect it and to push the price upwards from there again...
Most likely from the place where they placed the most of their positions.

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