mitkoenchev

BTC volume based analysis

mitkoenchev 업데이트됨   
BITFINEX:BTCUSD   비트코인
Proving the update on mylast chart wrong, it seems BTC will still get lower until it confirms one or both support lines based, at least volume analysis confirms that. The best buy zone is indicated by the red box and the end of the XABCD pattern, which is quite possible to happen in the time frame depicted. However I would not suggest any buying or selling until we see larger day volume which would confirm the price level and move it back up to the $11000 range. Low volume suggests continuation of the downtrend. Blue>green are a bit too optimistic, but still possible. Future strong resistance levels at $12000 and $15000 area.
코멘트:
Target hit. Next stop is $7300, if BTC continues further down. Daily volume can be the judge for that - it's picking up, but we need double the current volume for bitcoin's price to make a considerable move.

Option 1 is consolidation above $9400, option 2 is consolidation below $8300. I think the first one is more probable.
코멘트:
Bought a nice amount @ $7500 :) I think it's likely for BTC to close the day around the 200-day MA ($8500-9000) and remain above $9000 for the weekend. If there is enough volume generated until monday, we could see it wedging between $10k and $11k over the next week, waiting for some news... which is the only thing that could move the price back above $12k (in the $13-15k range). If the volume is low, we'll look at the $10000 price for quite some time.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.