VP Extractor Called the BTC TOP and BOTTOM!

31. März 2021

I am still currently bullish on BTC. Looking at the 12h Binance chart, we can see our VP Extractor called the top and bottom multiple times. It actually called the most recent pump and dump on the 5min but I couldn't share it as an idea because it was less than a 1h timeframe. This is an indicator that I will release within the next couple of days and combines the best of Volume Extractor and Price Extractor into one indicator that gives you more accurate signals but fire less frequently.

We rejected off of the resistance at $60,000 and are currently hovering around $58,000. Right now I'm watching our trend line of $53,800 to hold if we end up getting there. Until then, I remain bullish on our uptrend of higher lows. If we do break through the $53,800 support, I'm looking at our strong support of $51,500 then $46,500. Although if we break the resistance at $60,000 then it's off to the races to new highs!

If you have any questions about my technical analysis or the indicator I used here, please comment below or PM me :)