2023-02-22 08:47:34
Good morning team!
BTC/USD - Update!
Price is still ranging since hitting the $25K region of resistance.
Today's move was a swing failure pattern taking out the liquidity that was building up since last week.
The fixed range volume gives us a good indication of where the important levels are located. If the price loses the POC, then we look for a test of $24250, which is the value area low.
For the bullish case, I would want to see a clean break of the value area high $25K and ideally flip this as support
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