This TA is based on the indicator "Volume Delta". (Basically, the difference in buy and sell volume.)
My strategy:
I marked some sell and market price divergence lines (selling dominance/time) and between their respective highs and lows.
The divergences signal a slowing of the buying/selling pressure up to the point where the market price reverses, signalling a reversal in the market trend.
My strategy:
I marked some sell and market price divergence lines (selling dominance/time) and between their respective highs and lows.
The divergences signal a slowing of the buying/selling pressure up to the point where the market price reverses, signalling a reversal in the market trend.
Comment:
54k is still my buying price. Nothing has changed in that regard. Although we may go lower to 52k or even 48k. Let us wait and see.
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