Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Short term bounce back to $4k, then follow on steep sell offs.
Bitcoin
Short term bounce back to $4k, then follow on steep sell offs.
By eemyaa534561a4727543d6
Follow
Follow
Nov 25, 2018
2
Nov 25, 2018
first time trying this.
In my opinion, trend is potentially showing panic selling. Steep increases in volume with sharp decreases in price.
short term, following the OBV trend can see price bouncing back to
4K
before carrying on a potential steeper downtrend in the long term.
-DMI currently dominant with ADX at 39 and rising with no pull back in volume
Chart Patterns
Trend Analysis
eemyaa534561a4727543d6
Follow
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
.