Seems to me the bearish drop is lacking strength, it might be the resulting pull of the weekly MACd crossing over in to positive, pointing up and moving upwards. Careful with the entry for long --- Price can still take a considerable dip due to the Daily indicators dropping off the cliff, moving downwards, and ready to pass under the 50 yard lines. I think that if price does not drop off the edge 300 - 500 dollars we are looking at a continued uptrend as shown. I already have a long position.
Trade ist aktiv:
Here is a close up view of the indicators rolling over into an upwards path. Patience for the ride. Set your stops according to your liking. It can still crash, we're not out of this yet, looking for above 9,400 to feel a little safer.
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looking bullish !!! should be a dip in price at one point, make your decision to hodl or sell for profits.
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This is an adjusted volume count. I take the 5 min volume bars.. Red vol. bar is a minus, Green vol. bar is a Plus. I simple add or subtract those vol. bars and derive with an adjusted volume price. This is sorta like a Accumulation/Distribution Figure, and paints a different picture of information to use. If I use a different time frame, say a larger one, the results would be drastically different and not as real.
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We see in the last recent bubble a sell-off of 1.02 K Bitcoins adjusted total, this is some profit taking of course. Bulls are winning...
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HERE is the 15 min Adj Vol......as you can see a huge altering difference
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Here is the 1 hour
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Here is the 4 Hour adj volume and the last comparison to the "5 Min" I originally started with to find a more accurate method. My research is done.
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2 day running total....using the 5 min...