Descending volume, high volume will confirm trend continuation in either direction. Looks weak to me, After a full year pump bitcoin is looking to start off 2018 with a trend flip, BEARISH!!!
@PatG416, look at the volume today vs 12/07 on the daily same price point and everything the parabolic trend is over and out. Now looking at H&S especially on weak volume.
Moum413
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still bearish?
jgt2803
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@Moum413, volume was manipulation to take out huge short on bitfinex all the exchanges follow, will wait for longer time frame signal to get in, not taking a 9minute 5% pump as a long signal