BTCUSD Analysis for Day 5/9/20
BTCUSD is currently seen in a range right now on lower timeframe. Price has just broken through a high peak on the volume profile as shown by the blue horizontal line. Price BTCUSD shoot back up to the POC. If BTCUSD wants to go bearish, it must accumulate more orders. If the MACD crosses over zero and volume starts to increase, I believe this trade will become valid. Hope you all enjoyed the analysis and do no forget to hit the like button.
BTCUSD is currently seen in a range right now on lower timeframe. Price has just broken through a high peak on the volume profile as shown by the blue horizontal line. Price BTCUSD shoot back up to the POC. If BTCUSD wants to go bearish, it must accumulate more orders. If the MACD crosses over zero and volume starts to increase, I believe this trade will become valid. Hope you all enjoyed the analysis and do no forget to hit the like button.