Confluences strengthen key levels, and the bitcoin:native daily chart shows multiple levels of confluence between key Daily and Weeky moving averages, the POC and Value Range High of the Fixed Volume Profile, and a cluster of Timescape Levels. This setup suggests that we will consolidate in this range for longer, baiting impatient traders to make bad decisions that are likely to get punished by wicks. IMO, a support test to range lows would be healthy, and is likely, but it may not come until later in the quarter. #NFA
Keith AlanShare
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