Look at this, I will show you a volume signal but first some context.
Mobox (MBOXBTC) has been dropping since December 2021, more than 800 days or 2.2 years.
This is definitely a extreme bearish trend... It is coming to an end.
Zoom in to present time, between February 2024 and October 2023, an uncharacteristic rise in trading volume, strong bullish action in the last two days:
The uncharacteristic high volume is telling us that market players are starting to wake up. Bullish divergence with the RSI, in Feb. a lower low.
These are bottom signals; once we hit bottom, the only place left to go is up... And up we go.
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.