Trading plan based on volume analysis: BTCUSDT
Bitcoin tested 9450 from below (1st arrow on the screenshot), it broke through the local support on increased volumes (2nd arrow on the screenshot) and second time he tested from below 9450 (3rd arrow on the screenshot). We expect a bearish scenario with a breakout of 9200 on increased volumes, a successful test from the bottom and moving to the first targets of 9000 and 8800 (4th arrow on the screenshot). The third test and the brekout of 9450 from below is undesirable, but leaves the bearish scenario for the 9520 and 9630-9670. However, short will be at these levels if there is the winning of a bear in Time and sales and DOM. Our backup plan is the breakout from below on increased volumes of 9700 and a successful test from above to attack 10000.
https://www.tradingview.com/x/oaaXDzDf/ Telegram channel: @VarzarInvestment_ENG
https://www.tradingview.com/x/oaaXDzDf/ Telegram channel: @VarzarInvestment_ENG
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