We've heard the arguments from both sides of whether volume plays a role in price time-and-time again. It's time to put this to rest.
If you traded Bitcoin on Volume alone, and only bought when the volume levels reached ABOVE the purple line on a GREEN daily candle (see stars), and then waited until the price was at least 15% above your entry to sell, you would have made a killing - even in a bear market! I would love to hear any counter argument to this.
If you traded Bitcoin on Volume alone, and only bought when the volume levels reached ABOVE the purple line on a GREEN daily candle (see stars), and then waited until the price was at least 15% above your entry to sell, you would have made a killing - even in a bear market! I would love to hear any counter argument to this.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.