VWAP is the volume weighted average price and can show potential area’s of support and resistance. Price is between two VWAP levels from previous bottoms. Next support is around the 5k level which is confirmed by other ways of analysis too. I published this chart to view it at a later stage, so far price has a lot of interaction with these levels
Kommentar:
Expecting to range here a bit
Kommentar:
Also around POC. Might test the 2nd VWOP from the bottom here.