MrCoinVN

MrCoinVN

Volume Profile: Higher volume at higher prices --> The market is respecting higher price --> Still no sign of bearishness VWAP Band (Yearly): Price has already corrected near the yearly VWAP and has bounced back, probably heading to 70k

MrCoinVN

Yesterday price action (2021.04.20): - Support at 53.3k was tested successfully, BTC bounced back - An uptrend has continued since then Today forecast: - BTC is likely to make a two-legged pullback to the range of 54.6k - 55.5k (the first leg has finished) - Then, BTC is likely to approach and test the resistance at 57.5k Strategy: - Wait until...

MrCoinVN

In the chart

MrCoinVN

Short-term View (2-3 days): Retracement is expected following the major pump of 9.4% on Nov 6 (UTC time) and steep increase from Nov 3 to Nov 6 (price increased from 383 to 456 (19.1%)) Long-term View: Uncertain