BTC Volume Suggest Move Imminent
Declining volume, and very tight ranges will have us looking for a volume spike and break of the short term range sometime likely in the next two days.
If we see a bull break, we can stay in the contained tightening range on the daily for quite some more time/
With a bear break we would look for 4 hour oversold conditions, and many traders are watching for the $8,500 range.
Bulls still grinding weekly EMA12 support, keeping longer term consolidation healthy.
I personally am patiently waiting for clarity on the daily time frame, and trading other markets while crypto trading is choppy.
Keep those abnormal volume alerts on!
If we see a bull break, we can stay in the contained tightening range on the daily for quite some more time/
With a bear break we would look for 4 hour oversold conditions, and many traders are watching for the $8,500 range.
Bulls still grinding weekly EMA12 support, keeping longer term consolidation healthy.
I personally am patiently waiting for clarity on the daily time frame, and trading other markets while crypto trading is choppy.
Keep those abnormal volume alerts on!
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.