Volume divergence means that while the price is rising, the volume is falling which shows a divergence in the trend. A sharp reversal has already occurred and I believe it will continue.
BTCUSD has dropped violently after the rally over the last 24 hours. The bears are clearly dumping heavily and it seems bearish IMO. I have constructed a possible trade here as I believe the price to drop much further here. This profit target is reasonably conservative, but I would recommend taking profits whenever you can. This take profit is not solid and so it is up to you to take a profit when you can. Do not wait for the target to hit as it may not reach.
BTCUSD has dropped violently after the rally over the last 24 hours. The bears are clearly dumping heavily and it seems bearish IMO. I have constructed a possible trade here as I believe the price to drop much further here. This profit target is reasonably conservative, but I would recommend taking profits whenever you can. This take profit is not solid and so it is up to you to take a profit when you can. Do not wait for the target to hit as it may not reach.