Total Market Cap is consolidating between two significant fibonacci levels here.
0.382% from Macro High Pivot to Low Pivt
0.382% from April 2022 High Pivot (from the bear flag) to Low Pivot.
As you can also see, above head resistance confluence of the fib speed fan 0.382 and Value Area High.
For support confluence we have the VWAP from the same April 2022 Pivot.
Not much to comment about aside from price is likely to expand very soon. My bias is up, given we are riding around pretty strong support here (not just VWAP + 382, but you can see the chart history that we are battling with the level below.
0.382% from Macro High Pivot to Low Pivt
0.382% from April 2022 High Pivot (from the bear flag) to Low Pivot.
As you can also see, above head resistance confluence of the fib speed fan 0.382 and Value Area High.
For support confluence we have the VWAP from the same April 2022 Pivot.
Not much to comment about aside from price is likely to expand very soon. My bias is up, given we are riding around pretty strong support here (not just VWAP + 382, but you can see the chart history that we are battling with the level below.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*