Solana | Simple Signals: Volume
Hello my fellow cryptocurrency traders, we have some similarities with the past and present day. Let's have a look at this simple signal: volume.
➖ In July 2023 (left side of the chart —green), Solana (SOLUSDT) produced a very strong signal in the form of bullish volume. The strong buy volume came after more than 45 days of bullish action.
The strong buy volume signaled the start of a major bullish wave.
➖ In August 2024 (right side of the chart —red), Solana (SOLUSDT) produced a very strong signal in the form of bearish volume. The strong sell volume came after more 140 days of bearish action.
The strong sell volume signaled... the continuation of a bearish move?
What do you make of this signal?
Do you think this signal indicates a bullish reversal or bearish continuation?
Share in the comments section below.
Namaste.
➖ In July 2023 (left side of the chart —green), Solana (SOLUSDT) produced a very strong signal in the form of bullish volume. The strong buy volume came after more than 45 days of bullish action.
The strong buy volume signaled the start of a major bullish wave.
➖ In August 2024 (right side of the chart —red), Solana (SOLUSDT) produced a very strong signal in the form of bearish volume. The strong sell volume came after more 140 days of bearish action.
The strong sell volume signaled... the continuation of a bearish move?
What do you make of this signal?
Do you think this signal indicates a bullish reversal or bearish continuation?
Share in the comments section below.
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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.