Hi everyone I hope you are doing well and staying healthy.
Today I wanna point out about the same pattern we had on top of the last trend.
In my eyes and in my personal opinion it seems like we are watching the same scenario again.
both of these patterns show constant high volume and the last effort to sell what is left(selling climax) followed by a bull...
Hi guys and as always hope you are well in this situation.
We are seeing volume is fading and we might see the support line breaking.
The key point is watching volume bouncing from the support line each time and if it's not increasing we might have a breakout.
Hello guys, I hope you have a good day and you are safe.
I want you to notice that we are losing volume on each cycle of pushing prices.
it means the market is losing demand and is getting weaker, personally I consider this a sell signal but as always do your own research before you act.
In the last couple of days, I was overwhelmed with panic theory and I almost believed in emotional selling and a huge drop in the Bitcoin price.
As soon as I saw the Bitcoin price is rising against the flow of all markets I understood something is not right and after visiting my charts again I was wondering how could I not see this.
As you might know crypto market...
Yesterday I kinda expected BTC to fall as S&P500 was falling but maybe we saw a ray of hope.
We are seeing flag pattern still and it might indicate the price will go down.
in this panic state, everything is possible.
Comment what you are thinking about the situation.
With only factor fear driving the market in these days we cannot expect things to get any better.
WHO's reports (World Health Organization) show more new cases each day and as another report shows no vaccine is going to be available soon.
As the most developed vaccines are in phase 1 and it's not guaranteed to pass the other phases and even if they do, it takes...