2023-05-15 12:33:01
Market Update -
After sideways action for most of the weekend, Bitcoin started a move up last night,, regaining last week's Monday Low at $27.2k which was a level we were watching for.
At the time of writing, we are facing resistance at the Developing Month VAL at $27.4k. If this is flipped then we can expect more resistance just above this with the DM VWAP around $27.7k.
For continuation up, we need to see each 4hr candle close above $27.2k.
Let's see how the Monday range forms, and have another great week!
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