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JDK Analysis ๐Ÿ‡ช๐Ÿ‡บ
@The_JDK99
Technical Analyst โ€ข Order Flow & Market Profile โ€ข Breaking down auctions & execution โ€ข Always improving โ€ข Views are my own. Not financial advice.
๊ฐ€์ž… May 2020
470 ํŒ”๋กœ์ž‰ ์ค‘    20.9K ํŒฌ
$BTC ๐Ÿ“ˆ The "low anchored VWAP" is a definitely level worth marking on your higher-timeframe charts! ๐Ÿ‘€ - The VWAP anchored to the previous bear-market low offered some great entries. - The current low aVWAP sits around $73,300 (and rising). To add one, on @tradingview open the left menu, select "Anchored VWAP", then click the current low (or any other point you want to anchor it to). It plots the volume-weighted-average-price from that point onward. On the higher timeframe, the low aVWAP gives us a volume-weighted reference for price action since the major low. That makes it a useful benchmark for the recovery: is price holding above the average traded price since the low? If BTC retests the level, the reaction can show whether buyers are still accepting and defending value above it. The line isnโ€™t guaranteed support or a target, the response after a test is what matters!
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