BitcoinUpdated BTCUSD 4 hr OBV Signaling Breakout?
BTCUSD 4 hr OBV Signaling Breakout?
Bitcoin is looking to breakout on the 4 hr OBV downtrend since June and regain the 610 EMA on the 4 hr, which is historically an excellent sign that bottom is in or near. Similar OBV setup exists on Coinbase. 4 hr closes in 2 hrs - watch for fakeout.
Bitcoin is looking to breakout on the 4 hr OBV downtrend since June and regain the 610 EMA on the 4 hr, which is historically an excellent sign that bottom is in or near. Similar OBV setup exists on Coinbase. 4 hr closes in 2 hrs - watch for fakeout.
Note
TradingView seems to have messed with my red OBV line. If you "make it mine" and full-screen it, you can see I connected the tops properly.
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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.