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.
How did you pick the volume level to trade (purple line)?
ttrending
⋅
@ricsalrod, Using the daily chart, I simply placed the purple line at a point where I could say 'all green candles above this line are clear winners to bet on'. You can probably still lower than line and find even more opportunities, but I placed it very conservatively to be extra cautious.