Yesterday i mentioned the 5 Bearish signals.
Today i will take the one of them which is the volume and i will say the following :
To break Bitcoin Above 7900-8100 we need at least 2 times more volume than the
volume of last break out of the levers 7150-7250.
Also on 7600 area we have at the moment 9 failed trial. (This it shows weakness)
In an old analysis with title "" NOT MORE THAN 8K BEFORE SUMMER SEASON'' seems
that we will be correct at the end.
I expect the necessary volume for break 8100, only after Halving and with start of
June.
My Opinion.
P.S : Till any important movement, we will not post other analysis.
Take care all.
Today i will take the one of them which is the volume and i will say the following :
To break Bitcoin Above 7900-8100 we need at least 2 times more volume than the
volume of last break out of the levers 7150-7250.
Also on 7600 area we have at the moment 9 failed trial. (This it shows weakness)
In an old analysis with title "" NOT MORE THAN 8K BEFORE SUMMER SEASON'' seems
that we will be correct at the end.
I expect the necessary volume for break 8100, only after Halving and with start of
June.
My Opinion.
P.S : Till any important movement, we will not post other analysis.
Take care all.