Short Term Update

3 Days Chart – VWAP + dev.lines

Once I’ve found a decent value as a volatility coefficient to compute deviation lines this market responds very well to these levels.

XBTUSD failed to pass the first positive deviation line then a retracement back to VWAP where it consolidated a bit and now it’s reacting again to the upside.

Resistance remains the 1620$-1720$ price zone.