Let me show you this very simple signal, it shows where Bitcoin is headed next.
â We are looking at the 1H time frame; notice the volume.
Each time there is a volume breakout, it ends up being a bearish move. This indicates that the bias is bearish and thus lower prices.
â The downtrend confirms the volume signal.
Where are the bulls?
The chart can always change; If we see strong bull/green volume on any up-session, we can say the bulls are entering the game and want to move Bitcoin higher.
If the trading volume continues to lean towards red, we can expect without doubt a drop next.
Namaste.
â We are looking at the 1H time frame; notice the volume.
Each time there is a volume breakout, it ends up being a bearish move. This indicates that the bias is bearish and thus lower prices.
â The downtrend confirms the volume signal.
Where are the bulls?
The chart can always change; If we see strong bull/green volume on any up-session, we can say the bulls are entering the game and want to move Bitcoin higher.
If the trading volume continues to lean towards red, we can expect without doubt a drop next.
Namaste.
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followalan.com
ðĻ The Best Trade-Numbers In The Universe
alansantanatrades.com
ðĨ Lowest Prices Ever â PREMIUM LIFETIME Access (Perfect Entry-Timing)
lamatrades.com (Since 2017)
Bounce showed up as expected and now a breakdown of support.