BTC On Balance Volume = Bearish
Güncellendi
Looking at the on balance volume (OBV) we can see where the price direction might be going.
This is a divergence on the smaller time frame charts. This is the 1 hrs chart and it's quite visible on the 30 min as well.
I suspect we move down a bit more.
I'm watching for the OBV to break the support and head down lower bring the price with it. If this is the case I would be looking for BTC to get to $12498.
I have red horizontals at further support levels.
I have also laid red lines for the OBV support and resistance levels.
If BTC price can close the day above $13358, this would be a good thing for bulls.
Have fun trading!
This is not financial advice.
This is a divergence on the smaller time frame charts. This is the 1 hrs chart and it's quite visible on the 30 min as well.
I suspect we move down a bit more.
I'm watching for the OBV to break the support and head down lower bring the price with it. If this is the case I would be looking for BTC to get to $12498.
I have red horizontals at further support levels.
I have also laid red lines for the OBV support and resistance levels.
If BTC price can close the day above $13358, this would be a good thing for bulls.
Have fun trading!
This is not financial advice.
Not
This is looking really nice for a continuation upward!
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.