There are mixed signals, with OBV not following the same uptrend as the RSI. If we break this resistance with above average volume, that would be a great signal.
Looking for the daily candle to close above its previous close and then set the stop loss below today's low. Could see a nice 20% upside to support. Not going to be in this for long, primarily speculating based on the divergence between RSI, OBV and current price action.
TDOC with great technicals. RSI(10) @60 reaching higher OBV on higher highs ADX(14) @24 DI+ > DI -
Hi All, I do have some long Bitcoin trades on at this time... The #OBV is testing resistance on the hourly chart, So if it doesn't brake it... The #RSI is looking at the resistance and support on the hourly chart. I have a feeling that we can see a break out to the upside... Because for now, we have been in a very powerful bull run... The price action on...
I just got a call from my "OBV" indicator it's just cross under the "VWMA" from my experience the price is more likely to head down... and when it crosses over the price is more likely to head up...
It may go faster over time...
Good morning, traders. Welcome to the final week of November. Over the holiday weekend we saw Bitcoin find a low of $3474.73, which was around the equilibrium of the 1M zone, and bounce for almost $600 so far. That's about 17% with some possible higher highs lining up. I am looking for price to target the $4500 area, with some expected resistance around $4340 and...
Good morning, traders. Binance completed the update to its platform overnight and Bitcoin price continues to feel pressure. With CBOE expiry later today, traders must remain vigilant if they are interested in trading this area as we could likely see price pop up at/near that time. However, we may see more movement down toward $6100 first. Notably, 1D OBV has...
FSR has a similar structure to RMH (See link below). FSR has also found support at the previous accumulation range and the Yearly Pivot Point. With the Rand (ZAR) strengthening (See link below) this also provides support. The high volume after the breakout can be seen as a Buying Climax (BC). The bottom of the range provides support on higher demand volume. We...
Good morning, traders. My Internet appears to be stable this morning so far (still waiting on the tech) so I will be attempting to live stream at 10 a.m. CST per my usual schedule. Price has continued to tighten the range it has been trading in for the past two days creating a symmetrical triangle. As these patterns have no bias, traders should be ready for a move...
Results when I used 2 averaged lines to buy and sell at the crosspoints, little noisy atm, results are from 3 ETH, NO LEVERAGING! :D Still working on limiting noise, buy a VERY effective indicator nonetheless!
Most likely will have a big come up to fake out bulls, true bottom is still yet to come. Partially because of main institutional investors still being hesitant to fully enter the game. Lowest Bottom Possible: $5,250 High Before Bear Run : $6,350-6,400 Just my take :)