BTC on the 2D is running a familiar script.
Price pushed into $76,000, a well-defined liquidity level sitting above prior structure. High printed at $76,211. The candle is now closing red beneath that level.
Not a breakout. A liquidity test.
The rising channel from the February lows remains intact. What matters now is where price gravitates before any real continuation attempt. VRVP and channel support both converge at $67,000-$68,000. That is the highest volume node on this structure and the most logical draw if $76K fails to hold as a launchpad.
Two scenarios from here.
BTC consolidates above $74K and uses this as a base. Clean reclaim of $76K with conviction opens the path toward $78,000-$80,000.
Or the market sweeps the $67K-$68K VRVP zone first, collects liquidity sitting below the impatient longs, and then continues.
The channel tells you the direction. The VRVP tells you where the fuel is.
Watch the 2D close.
Price pushed into $76,000, a well-defined liquidity level sitting above prior structure. High printed at $76,211. The candle is now closing red beneath that level.
Not a breakout. A liquidity test.
The rising channel from the February lows remains intact. What matters now is where price gravitates before any real continuation attempt. VRVP and channel support both converge at $67,000-$68,000. That is the highest volume node on this structure and the most logical draw if $76K fails to hold as a launchpad.
Two scenarios from here.
BTC consolidates above $74K and uses this as a base. Clean reclaim of $76K with conviction opens the path toward $78,000-$80,000.
Or the market sweeps the $67K-$68K VRVP zone first, collects liquidity sitting below the impatient longs, and then continues.
The channel tells you the direction. The VRVP tells you where the fuel is.
Watch the 2D close.
Charles V. — The Chart Whisperer
10+ years live BTC & ETH perpetuals. Elliott Wave, Wyckoff, Institutional Order Flow — integrated into one rules-based framework.
Full system: chartwhisperer.ca
10+ years live BTC & ETH perpetuals. Elliott Wave, Wyckoff, Institutional Order Flow — integrated into one rules-based framework.
Full system: chartwhisperer.ca
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Charles V. — The Chart Whisperer
10+ years live BTC & ETH perpetuals. Elliott Wave, Wyckoff, Institutional Order Flow — integrated into one rules-based framework.
Full system: chartwhisperer.ca
10+ years live BTC & ETH perpetuals. Elliott Wave, Wyckoff, Institutional Order Flow — integrated into one rules-based framework.
Full system: chartwhisperer.ca
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.