Bitcoin has made a strong move out of its local range after a 6th touch of the anchored vWAP pulled from 6th May lows, anchored vWAP on BTC currently are offering incredible support.
Will we now see follow through and a full breakout of this range where we can target new all time highs?
Bitcoin Trading Plan
Todays levels of support for Bitcoin where price may, or may not give a reaction are:
- 104,570 – Naked POC, Local range VAH, aVWAP from yesterdays lows.
- 102,600 – aVWAP, Local range VAL.
- 97,000 – Upper range POC.
- 94,000 – Daily Naked POC and anchored vWAP.
- 91,600 – Naked POC & liquidity.
Todays levels of Resistance for Bitcoin where price may, or may not give a reaction are:
- 107,265 – Untested value & SFP of local high.
- 109,000 – Weekly and Daily naked point of control.
High Impact News events to be aware of:
- None.