As price going down, we can see the volume is rising slowly, but not meaningful big positive vol. until now.
We can see 2 meaningful S/R line around 1000 and 953 dollars
The pink one : candle broke this line at 8pm(UTC+9) and after candle couldn't rise than 953 line. so i guess that red rectangular area was good chance to take short position.
The black one: in the right frame, we can see black line supported candle on 9th Feb, and then 19th March. but this time candle broke again going down and still under black one.
So, if we don't have any bitcoin, i think we should wait until the candle break black one making stubborn bottom with checking positive volume. and if we already have any bitcoin, it is not good timing to enter any position and at the same time not bad timing to anticipate rising again.
We can see 2 meaningful S/R line around 1000 and 953 dollars
The pink one : candle broke this line at 8pm(UTC+9) and after candle couldn't rise than 953 line. so i guess that red rectangular area was good chance to take short position.
The black one: in the right frame, we can see black line supported candle on 9th Feb, and then 19th March. but this time candle broke again going down and still under black one.
So, if we don't have any bitcoin, i think we should wait until the candle break black one making stubborn bottom with checking positive volume. and if we already have any bitcoin, it is not good timing to enter any position and at the same time not bad timing to anticipate rising again.