Looking at DigiByte (DGBUSDT) we can see high volume 12-May, high volume 7-June and high volume yesterday, 16-July.
Yesterday's price action is very telling.
We have strong bear volume yet prices remain above EMA10.
When we see a pair trading near support with high volume yet its price remain ranging, this tells us that this pair is in the accumulation phase.
What follows the accumulation phase is a breakout...
Namaste.
Yesterday's price action is very telling.
We have strong bear volume yet prices remain above EMA10.
When we see a pair trading near support with high volume yet its price remain ranging, this tells us that this pair is in the accumulation phase.
What follows the accumulation phase is a breakout...
Namaste.
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Related publications
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.