Don't know whats up with that volume But some entity might have stepped in to hold the price up ... that is notable volume at the low with a bullish reaction. Not suggesting anything.. just a case study for volume... need to see how the energy in that volume dissipates: slowly or a spike into the highs... A lot of volume behind BNB. Moves similarly to FX assets,...
Still an uptrend albeit unhealthy (IMO) Watch that profit taking activity... its right there.. look at the volume.. where are the buyers at? I see the sellers. GL
.. some sort of fake out action to the upside, which may have taken place already high risk... struggling looking elsewhere.. GL
some ambitious pull back tgts. still an uptrend hasn't tested the 50 EMA on the daily yet. worth noting. see if strength shows up on the pull back and if demand shows up at these higher price levels. Divergent oscillator can also be forming to suggest at the very least a pull back.. but this is still a developing scenario and oscillators should only be used as...
respect the trend... GL
looks like your textbook Wyckoff schematic.. still learning here so my labeling may be off.. been trading within a 28.22% range for a time now. It looks like more supply at the top with lessening volume at the lows... there may be some room to the upside for a little while but its up there. does not look like a lot of new capital came in so there may not be...
down move not confirmed at this time, but that was a warning shot.. imo GL
profit taking. needs a pull back.. still an uptrend though. GL
But still an uptrend... this thing is slow.. but bots don't sleep or eat
those condes and low volume off of dynamic support is weak... still in an uptrend .. may just need a healthy pullback to the mid tobottom of the channel here... however, volume rules and anything can happen! GL
still an up trend .. maintain left side situational awareness... GL!!
I dont know but that looks weak .. but who knows.. Im watching this one out.. GL
perspective and absolutely easier said than done. But if it was easy..... GL