Updated version to my previous analysis. Updated version to my previous first ever analysis with more precise drawings/lines.
By looking at the pattern, we should see an upward trend. This would be around 9-10 hours from the time of publish.
If an upward trend is created, it should be met at 60-65 cents resistance.
If price doesnt break this resistance, we could possibly be seeing another dip. Even more so than the dip that took place on the 23rd of Febuary 2021.
This should create a very good buy opportunity to accumulate the coin at low prices of 35cents, to as low as 20 cents.
Goodluck traders.
End of Febuary month analysis.
EOM
Btc Volume flow chartThis chart layout is another tool i have made and use to scan the market and monitor the volume
All indicators on this chart are Btc/usdt Binance
except for the Shorts vs Longs window which is Btc/usd long vs shorts on Bitfinex
From the top on the left:
Macd (Moving average Convergence Divergence
Btc/usdt binance chart including the 9ema, 30ema,50ema,100ema,200ema and the Vpvr (Volume profile Visible range)
Btc Relative strength index
Btc/usd longs vs shorts
From the top on the right:
13eObv (13ema of On Balance Volume) including Btc volume
Willy indicator
Bvol24h (24h btc volume)
Eom (ease of movement)
Vfi (volume flow indcator)
hope this layout can help
back to the woods i go...
The woodsman