BTC Macro Volume Levels With Time Added
This is the same weekly volume level chart for btc but I have added some things. As such it set to private on trading view and only available through this link in discord. I will post just the regular chart with out the right up as well to open in edit mode on trading view.
1rst I have added trend time by taking the amount of time it took to complete the bear market down trend and cycled this out into the future as usual and it is giving april 2024.
I have also used the circle tool to map out average rate of change in price vs time of local price action and following our local lows there is perfect curvature rising right into the poc of the upper range around 39k.
I have also added another circle by measuring the entire bear market down trend and matched this to the current highs since 15k. The top of this circle is coming out at the value area high of the range above. Also in april or may of 2024 at around 48k.
Bullish as.......
But also be aware at 39k there is massive resistance and if we reject and brake our 25k area low 23k is certainly not far away to the lower range value area high.
Trade Well............
1rst I have added trend time by taking the amount of time it took to complete the bear market down trend and cycled this out into the future as usual and it is giving april 2024.
I have also used the circle tool to map out average rate of change in price vs time of local price action and following our local lows there is perfect curvature rising right into the poc of the upper range around 39k.
I have also added another circle by measuring the entire bear market down trend and matched this to the current highs since 15k. The top of this circle is coming out at the value area high of the range above. Also in april or may of 2024 at around 48k.
Bullish as.......
But also be aware at 39k there is massive resistance and if we reject and brake our 25k area low 23k is certainly not far away to the lower range value area high.
Trade Well............
