Weekly Updated #BTCUSD Volume Profile + Fibonacci Analysis
Orange lines represent volume profile high density areas which attract price and act as support resistance.
Cyan lines represent important fibonacci points
Purple area shows low volume areas which the price doesnt want to go into, but once in it, quickly moves below/above it.
Current analysis shows 6600 and 7200 areas remain strong resistance/support areas. Expect more sideways action until these are broken.
Cyan lines represent important fibonacci points
Purple area shows low volume areas which the price doesnt want to go into, but once in it, quickly moves below/above it.
Current analysis shows 6600 and 7200 areas remain strong resistance/support areas. Expect more sideways action until these are broken.
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