Obvious bullish volume with the rise, it is obvious that the BUYERS are letting the bears take their retracement, because no bullish volume has come in, until recently. And the recent bullish volume that just came in, breaking market structure and creating a Big and Small W Double Bottom , which is one of the best bullish signs during the retracement, obviously. Then the last of my signals fired, which was for price to make some bullish reversal patterns off of the 10ema(red).
Basically, and this is all going to be my main reasons to take these crypto trades, it is obvious that the buyers can easily beat the bears and take price all the way up, they are simply waiting for all the bears to be out of the market as possible so that they can blast off price quicker and easier with minimal resistance. Find team bears, or which ever team you want, and trade in line with them. Volume in this unmanipulated market just might be the key, it's so damn transparent.
TP1 Would be it's previous high: .3 or less
TP2 When big bearish volume shows up on the Weekly, then you would wait for a quick retrace back up and then tp.
Let me know what you guys think!
Exciting times :)
Basically, and this is all going to be my main reasons to take these crypto trades, it is obvious that the buyers can easily beat the bears and take price all the way up, they are simply waiting for all the bears to be out of the market as possible so that they can blast off price quicker and easier with minimal resistance. Find team bears, or which ever team you want, and trade in line with them. Volume in this unmanipulated market just might be the key, it's so damn transparent.
TP1 Would be it's previous high: .3 or less
TP2 When big bearish volume shows up on the Weekly, then you would wait for a quick retrace back up and then tp.
Let me know what you guys think!
Exciting times :)