There are three powers signals that indicates a reversal pattern in cryto Market : Volume, Liquidity and Divergence. For this chart I will show you the Volume. Let's check it out:
Volume in key points: 4h time-frame: Check out the chart above
1. $6000 down move
2. $5000 down move
3. $4000 down move
To see a similar volume like in 2018, we need to look back to February, March and April. Those dates we saw a lot of action, let's remember how was it:
February: From $5.9k to $11.7k
March: From $11.5 to $6.5k
April: From $6.5k to $10k
Is that mean we will go to moon? No really but what I'm pretty sure is big volume means big movements we have seen several downtrend moves and every time we cross key levels volume increase so I believe we are close for a reversal if we combine this indicator with another one like Liquidity or Divergence....we would see.....it'll continue
For more ideas, follow me on Twitter:
twitter.com/CryptoJVC
Volume in key points: 4h time-frame: Check out the chart above
1. $6000 down move
2. $5000 down move
3. $4000 down move
To see a similar volume like in 2018, we need to look back to February, March and April. Those dates we saw a lot of action, let's remember how was it:
February: From $5.9k to $11.7k
March: From $11.5 to $6.5k
April: From $6.5k to $10k
Is that mean we will go to moon? No really but what I'm pretty sure is big volume means big movements we have seen several downtrend moves and every time we cross key levels volume increase so I believe we are close for a reversal if we combine this indicator with another one like Liquidity or Divergence....we would see.....it'll continue
For more ideas, follow me on Twitter:
twitter.com/CryptoJVC