Volume Trend Analysis (Strength on BTCUSD Hourly)
Here is an update on the last indications given by our Volume Trend Advisor (Available on TradingView) it shows the last swings based on Volume Trend Analysis:
Last Entry (Strength): 6320.00
Upper Stall Point: 6417.00 Area
Lower Stall Point: 6208.00 Area
Previous Entries and Exits off VTA Indications:
Strength: 5904.00 Exit: 6371.00
Weakness 6371.00 Exit: 6319.00
The entries and exits list above are straight signal to signal. Stall points were not used and you my have exited earlier or later than the entries and exits above. I use them to illustrate how well the Volume Trend Analysis Advisor works at identifying decent swings in trend.
The Volume Trend Advisor (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly via PM here or via our website.
Last Entry (Strength): 6320.00
Upper Stall Point: 6417.00 Area
Lower Stall Point: 6208.00 Area
Previous Entries and Exits off VTA Indications:
Strength: 5904.00 Exit: 6371.00
Weakness 6371.00 Exit: 6319.00
The entries and exits list above are straight signal to signal. Stall points were not used and you my have exited earlier or later than the entries and exits above. I use them to illustrate how well the Volume Trend Analysis Advisor works at identifying decent swings in trend.
The Volume Trend Advisor (The red and green indications on the chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly via PM here or via our website.
Trade closed: target reached:
Upper target hit.
