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FritzGobery
Dec 23, 2017 8:46 PM

$BTC : Waiting for volume confirmation to buy 

Bitcoin / DollarBitfinex

Description

Price went above 50 EMA and CCI is about to turn bullish but there's no volume so buying right now is risky.
Comments
mike21ap
Well just as the words were spoke things started to look more volatile.
mike21ap
Price is going up, volume remains low. Xmas effect perhaps - wonder what happens when East wakes up. Otherwise might be heading for circa 17000 zone whereby we might have a larger H&S top. Hard to say, a swing trade to 17000 is plausible.
FritzGobery
@mike21ap, Exactly, I'm curious about what's going to happen when the east wake up. They'll probably buy as they are so bullish on crypto. I would take of that trade anyday only if it had volume.
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