BerlinTrader591

BItcoin BIGGEST 1 Day Volume IN HISTORY

Long
COINBASE:BTCUSD   Bitcoin

After everyone took their profits and then the financial media was quick to herald the end of Bitcoin, we saw a bounce at 3000.

And oh what a bounce, the biggest 1-day volume (number of trades) in history. Look it up, zoom out, and you can't find anything close.

This doesn't look bearish to me guys. That looks BULLISH. Huge volume on an up day means a lot of buying over selling.

We may see some violent thrashing between 3000 and 5000, but I think sooner rather than later we will see some strong signs that a breakout above 5000 is in the cards. So use the pullbacks to buy and add to your position.

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MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
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