Rejection at Anchored VWAP B: Retracement to Point of Breakout?Bitcoin / US DollarCOINBASE:BTCUSDWis_BTCUSD COIN > The reversal rally that began earlier this year just had a strong rejection reaction to the anchored VWAP B. It is possible that price will attempt to retest the point of breakout at the descending trendline situated around levels stated below. > As a result i have little doubt that it is on the course of retracement to either support #1, support #2, weekly 200 MA, and/or anchored VWAP A, at the following levels: - Support #1 @ 74K - Support #2 @ 68K - Weekly 200 MA also @ 68K - A-VWAP A @ 57K - A-VWAP B @ 82K >>>> this trade can work as both short and long, it depends on timeframe and the duration of hold >>>> > Author’s Notes My approach to technical analysis is built on Fibonacci retracements, pivot zones, price action, smart money concepts, and classic chart patterns. I also use supporting tools and indicators—such as oscillators and moving averages—to refine my view. The chart itself reflects a simplified version of my process, as I prefer to keep visuals clean while incorporating additional analysis behind the scenes.