jamoooo

Bitcoin (BTC) - Weekly OBV breaking ATH key level

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Quick post to identify the OBV break circled in the chart, and an update to my last BTC weekly analysis. We still have two days until this weekly candle closes IF this candle closes green, the OBV trend will confirm the break the key level identified in the chart for the first time ever. OBV ATH! This or me is a very strong indicator of buying strength and further up for price movement. If we see it close red (Below 54659.01) chances are we will be testing the 51-48k range. Still a bullish formation, which we might choose to identify as a cup and handle or further consolidation in ascending triangle. A break below these levels will suggest to me further ranging sideways as identified in the chart. These are my key levels this week - see what holds, see what breaks
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