BTC-XLM

The bifurcation between volume & price

Long
BTC-XLM Updated   
BITFINEX:BTCUSD   Bitcoin

We have some undeniable Bullish signs (based on the combination of these shortcomings):

1-(Jul-Aug-Sep 2022) There is a large effort (high volume) but restricted range price (is a signal of ( bullish ) reversal).

(BINANCE-USDT, volume = 18,000,000 BTC).


2-About 94 percent of bear whales are out.
(Check out my previous analysis).

3-Fibonacci Retracement Level 0.786 (correction looks finished to me): as shown on this chart (motive and corrective waves), wave 5 ended at $ 69k and dips in wave WXY ended at $ 17.5k




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