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shoshik
Jan 15, 2024 9:52 AM

SFP of 48k could lead price into 27/28k support Short

BTCUSDT Perpetual ContractBybit

Description

On W TF we can see ugly rejection from monthly naked POC and also swing failure pattern on this previous range high.

My idea is easy with using anchored vwap from the bottom (it is magnet for price) and the nearest strong level around vwap is HTF weekly level.

Actual resistance could be at 44k.
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