BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
VSA shows there are a lot of buyers here, although there are also a lot of sellers. but right now none we broke the demand zone the sellers got tired, that's why when we came back into the range we can see we get a big result without a lot of effort. (a big up candle with average volume, compared to the big down candle we had prior with a lot of volume. It show that there are more buyers than sellers)

if this is phase C of this accumulation then we should see the all time high in the next couple of weeks.

if price retests the demand zone and rejects I will long
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.