Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security.
Volume analysis can help to confirm the existence,...
An analysis of the beginning of the last bull run and its trend change, by looking at major LSMA supports and resistances.
We are now above all these LSMA again for the first time since then.
- Divergence on OBV Oscillator
- OBV high/low cross for big move
- Tapering volume
- Retested support
- One of the coins that didn't blow up like every other coin
Resistance needed to be broken: 6300s range
A daily close above 6300 would indicate we're not going to fall to mid 5000s this week. A daily close above 6400 means 6800 automatically, believe that.
Hedge short above 6300 or 6400.
