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Combining volume profile in technical analysis: Bitcoin's target is $21250 (apx 5% lower)

Combining volume profile in technical analysis: Bitcoin's target is $21250 (apx 5% lower)

An effective bitcoin trading method based on volume profile (AKA market profile)

Combining volume profile with technical analysis may be an effective trading approach, especially for Bitcoin. When we examine the daily time frame over the span of around 260 days starting in June 2022, please observe that the BTCUSD price rejection at 25,770 resulted in a double top with a high of 25,212 on August 16th.

At a current price of $22,376 and using this bitcoing price projection, the foll... Read More

Posted: Mar 4 2023, 07:31
Author Name: forexlive
Views: 082140

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