So comparing these 2 charts, this is the daily candle of the vwap of BTC on major exchanges. Just getting into the resistance on the 24hr candle, which generally shows us this is local highs and we go slightly sideways short term.

The highest volume node listed on the chart as well is from the 20k to 6k move, highest volume node lines up with Potential Bearish Gartley 1.272 inverse Fib Retracement target.

Set targets, Set stop losses, Plan your trade, Trade your plan!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.