When trading we do "ifs". If this happens, we take this action.
When charting try to predict what will happen. "Based on the signals coming from this chart, I believe that prices are going to move up", for example.
On the chart above I explain some of the drawings I use, so you can read this chart easily with me.
I hope you find this useful.
This is for...
Qtum (QTUMBTC) just broke above EMA100 on massive volume... This volume is much higher than average.
You can see the volume bars/indicators right below the candlesticks on the chart above. This has to be the best indicator of all...
Big volume GREEN = Bullish.
Big volume RED = Bearish.
Here we have a really big green volume to move up and break above...
I am looking at Storm (STORMBTC) and it has printed its highest volume since March 2018. You can see it in the chart below:
This is a high volume breakout above EMA10, which was sitting at 82 satoshis. STORMBTC is now sitting at 88 satoshis at the time of this writing. Weekly candle closes in less than two hours, this is signal is as good as confirmed.
...
Bitcoin finally decided which way to go, and that's the way of the bulls.
Please allow me to entertain you for a few minutes and let's look at some of the signals coming from the charts:
1) A strong green candle broke through EMA10, the main resistance to break to change from bear to bullish potential, supported by big volume.
2) Today Bitcoin is seeing...
