Thursday, May 2, 2024
Developing Quarter VWAP at ~22188 (Binance) / 22k (CME). While price trades above it chances to bounce back to Q VAH at 24.3k remain valid. Knowing how crypto moves it can be one day pump through 23.1-23.6k order block liquidating all the shorts taken within previous ~8 days.

On the other hand if price slips below developing VWAP and start trading below – BTC will eventually drop to 20k (and close the nearest CME gap there).

Taking a pause.
@CryptoBullTrades


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