$ADA
Cooling DownSnapshot Window: 2026-07-22 13:10 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 2 source posts analyzed
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$btc 66k+ countertrend short - confluence 2 (ideally want one more tap of it) Second big confluence, second chart here, is the anchored volume weighted average price. Not to mix up with moving averages, which are imo quite random and not useful. This is a much better
AI visual note: The image displays a Bitcoin/Tether PERPETUAL CONTRACT daily chart on Binance from April to September 2024, showing BTC price oscillating around $66,000 with a moving average line acting as resistance that price has touched twice, as highlighted by the annotation "So far so good, ideally reach the line twice." The chart visually supports the post's thesis about a countertrend short setup near the AVWAP (anchored volume weighted average price) confluence at the $66k level, indicating two recent taps of this dynamic resistance for a potential short entry.