BitcoinLong
BTC and Crypto Market is about to rally in February
The current price action is a manipulation.
When you see volume declines followed by a strong price action, that means it's a fake movement.
Volume in the market is going lower, but price goes up drastically? Manipulation.
That will equal in price to go back down.
Vice versa;
Volume in the market is going lower, but price goes down drastically? Manipulation.
That will equal in price to go back up.
RSI is also a good indicator combined with volume.
Volume will tell you whether if the price of a security is a fake out or an actual trend.
RSI will tell you the momentum of a security. If the RSI is pointing down and price is pointing up, that's like a car that is climbing up hill and running out of gas.
However, indicators are not an accurate way to place a trade, but they sure help a lot in deciding a trend direction. And cryptocurrency is still bullish amid the current price manipulation .
Bitcoin and Alt coins are going to rally in the second week of February. Buy the dip.
The current cycle will end in October 2025.
When you see volume declines followed by a strong price action, that means it's a fake movement.
Volume in the market is going lower, but price goes up drastically? Manipulation.
That will equal in price to go back down.
Vice versa;
Volume in the market is going lower, but price goes down drastically? Manipulation.
That will equal in price to go back up.
RSI is also a good indicator combined with volume.
Volume will tell you whether if the price of a security is a fake out or an actual trend.
RSI will tell you the momentum of a security. If the RSI is pointing down and price is pointing up, that's like a car that is climbing up hill and running out of gas.
However, indicators are not an accurate way to place a trade, but they sure help a lot in deciding a trend direction. And cryptocurrency is still bullish amid the current price manipulation .
Bitcoin and Alt coins are going to rally in the second week of February. Buy the dip.
The current cycle will end in October 2025.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.