We Are Looking At BTC On A Daily Time Frame
Decreased Volume (Low Supply Signature But Also Decreasing Demand)
--> Could Mean That Top Of The Rally Is In (For Now)
--> BUT Could Also Mean That FOMO Could Start At Anytime! (Will Only Need A Small Amount Of Volume To Bring The Price Higher)
--> Investors/Traders Are Being Cautious (Not Much Buying Nor Taking Profits At These Levels)
Technical Indicators Are Portraying OVERSOLD
--> Price Consolidation Is A High Possibility
--> In This Case, We Would Be At Distribution Before Price Correction
TAKE NOTE: Last Bull Run (2017 - BTC $20k) RSI Went Over 100 Almost Similar To What It Is Showing Now
--> BTC Could Have More Room For Upside
Will BTC Finally Break Previous ATH Of $20k This Time?
All I'm Saying Is, Anything Is Possible With Crypto!
LET ME KNOW WHAT YOU THINK! 🧐
I Try To Make Things Simple For You To Understand 🙂
💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY
HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯
*You are Welcome to REQUEST CHART ANALYSIS at Anytime! Simply Comment Down Below or DM Me 🙂
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``
DISCLAIMER:
Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE
BUT Please Be Responsible For All Your Actions.
This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
Decreased Volume (Low Supply Signature But Also Decreasing Demand)
--> Could Mean That Top Of The Rally Is In (For Now)
--> BUT Could Also Mean That FOMO Could Start At Anytime! (Will Only Need A Small Amount Of Volume To Bring The Price Higher)
--> Investors/Traders Are Being Cautious (Not Much Buying Nor Taking Profits At These Levels)
Technical Indicators Are Portraying OVERSOLD
--> Price Consolidation Is A High Possibility
--> In This Case, We Would Be At Distribution Before Price Correction
TAKE NOTE: Last Bull Run (2017 - BTC $20k) RSI Went Over 100 Almost Similar To What It Is Showing Now
--> BTC Could Have More Room For Upside
Will BTC Finally Break Previous ATH Of $20k This Time?
All I'm Saying Is, Anything Is Possible With Crypto!
LET ME KNOW WHAT YOU THINK! 🧐
I Try To Make Things Simple For You To Understand 🙂
💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY
HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯
*You are Welcome to REQUEST CHART ANALYSIS at Anytime! Simply Comment Down Below or DM Me 🙂
```
``
DISCLAIMER:
Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE
BUT Please Be Responsible For All Your Actions.
This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.