If Bitcoin want to keep upward trend, it needs a
steady increase in the daily-level trading volume and constantly new HH.
But once Bitcoin has a slight increase in trading
volume, the big sell order will appear and show
the trend of ‘fake bull flag’. For now, the
Bitcoin price is not the most important factor,
trading volume becomes the decision point.
If PinBar appears consecutively, investors can
think current market as shock market and hold
light order at key port.
Key Point Tips:
8350/8300, resistance level
7980/8100, support level
steady increase in the daily-level trading volume and constantly new HH.
But once Bitcoin has a slight increase in trading
volume, the big sell order will appear and show
the trend of ‘fake bull flag’. For now, the
Bitcoin price is not the most important factor,
trading volume becomes the decision point.
If PinBar appears consecutively, investors can
think current market as shock market and hold
light order at key port.
Key Point Tips:
8350/8300, resistance level
7980/8100, support level