Ticker: BTCUSD
Exchange: BITFINEX
Signal: Out of positions
After a strong and rapid downward movement, it is now more likely to begin consolidation
The output of a larger vertical volume may indicate the end of the pulse, but it is still residual to speak early
Talking about the reversal of the trend early, but the stop and the strategic significance of these levels,
makes the stop of the trend a good base for the reversal of the trend
Maybe it's that before the global turn, the price will make a false breakdown in the bottom, to knock out people who are in positions now
Turning is unlikely to be very fast, the volume should accumulate, and only after that, will be sold in one of the possible directions
Exchange: BITFINEX
Signal: Out of positions
After a strong and rapid downward movement, it is now more likely to begin consolidation
The output of a larger vertical volume may indicate the end of the pulse, but it is still residual to speak early
Talking about the reversal of the trend early, but the stop and the strategic significance of these levels,
makes the stop of the trend a good base for the reversal of the trend
Maybe it's that before the global turn, the price will make a false breakdown in the bottom, to knock out people who are in positions now
Turning is unlikely to be very fast, the volume should accumulate, and only after that, will be sold in one of the possible directions