On the weekly candle the momentum indicators are showing an upside curve.
In the volume scale, it is steadily increasing week by week. Observe this week's volume close and if it continues to climb, it shows a confidence buildup disregarding the coming resistance on the Weekly TF.
In the volume scale, it is steadily increasing week by week. Observe this week's volume close and if it continues to climb, it shows a confidence buildup disregarding the coming resistance on the Weekly TF.
Note
1W volume is already increasing steadily for this week. The price is swinging around 40k which is a good buy, look forward to parabolic and TP below 50k.
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.