Check out the 4HR OBV. The bright green line shows the length of the last longest bull run from $6k. The current one now is longer by time.
Not quite sure what subwave we're on. We're either due for a subwave correction or a wave correction. Since it blasted through the pink rising wedge (and came back down), I expected it to correct in some way, but BTC has gone its merry way up regardless of trend lines.
The last time it hit $9200, BTC panicked and fell, but this time it just blasted through this so-called resistance. The pink rising wedge was my "last line of defense" indicator point for BTC to correct - for some others it's $9500. I'm waiting for this last drop to buy in, and leave the 4 digits forever.
Not quite sure what subwave we're on. We're either due for a subwave correction or a wave correction. Since it blasted through the pink rising wedge (and came back down), I expected it to correct in some way, but BTC has gone its merry way up regardless of trend lines.
The last time it hit $9200, BTC panicked and fell, but this time it just blasted through this so-called resistance. The pink rising wedge was my "last line of defense" indicator point for BTC to correct - for some others it's $9500. I'm waiting for this last drop to buy in, and leave the 4 digits forever.
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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.