Accumulation volume. With price flagging in an accumulation zone. Support finding a higher low indicates this trend is still bullish.
I am still long BTC, and think we can even see higher highs from here.
This pair looks a really beautiful setup, all time frames tell one thing: "SELL" I will be waiting for a break and retest of 1.73 zone on 1hr time frame before entering short. This pair has way more downside potential then my target.
I am back again with another market analysis. If you have no idea where I have popped up from that is ok, check out my blog which will give you a little insight into my trading journey.
LITTLE BIG MOVEMENT LATEST BLOG POST
It is that time of the week where we look at the crypto markets. I will get straight to the point, the VWAP has dropped from $5000 to ...
Trading Bias: Neutral
Technical Strategy: Fibonacci projections + Support and Resistance calculations to determine future price action.
Chart Pattern: Inverse Head and Shoulders
This is the only way to describe the gains ETH has had up to now !
Weekly chart, log scale, finding similarities on past performance, time cycles, RSI....just need that volume to pick-up.
Fly high my ethereum...fly high !!!!!
