I'm not a financial advisor, Don't buy or sell bass on what I'm saying... I do own some Bitcoin and I think it has a great future, this future may or may not be that great so PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
This is my look at Bitcoin Vs USD on 05.14.2020
I'm using the 12 hours chart this time, Also I'm using the volume-weighted average price (VWAP)...
The white line is for the VWAP based on the month and the blue-green one is based on the week VWAP...
Yes for the last 12 h... we have a big red candlestick, but it has tested the month VWAP and if it doesn't break the month VWAP and the weekly VWAP crosses the month... It looks like maybe we are going to see a move to the upside...
This is my look at Bitcoin Vs USD on 05.14.2020
I'm using the 12 hours chart this time, Also I'm using the volume-weighted average price (VWAP)...
The white line is for the VWAP based on the month and the blue-green one is based on the week VWAP...
Yes for the last 12 h... we have a big red candlestick, but it has tested the month VWAP and if it doesn't break the month VWAP and the weekly VWAP crosses the month... It looks like maybe we are going to see a move to the upside...