The On Balance Volume (OBV) line is simply a running total of positive and negative volume. The OBV here is forming an ascending triangle and is in an uptrend. That means that the sellers are losing steam. The price usually follows the OBV. A reversal is near. Get our buy/sell signals in the crypto signal scanner (comment).
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.