TradingView
eemyaa534561a4727543d6
Nov 25, 2018 2:35 AM

Short term bounce back to $4k, then follow on steep sell offs. 

Bitcoin / United States DollarCoinbase

Description

first time trying this.

In my opinion, trend is potentially showing panic selling. Steep increases in volume with sharp decreases in price.

short term, following the OBV trend can see price bouncing back to 4k before carrying on a potential steeper downtrend in the long term.

-DMI currently dominant with ADX at 39 and rising with no pull back in volume
More