Same technique applied to BTC that i used in my LTC Ichimoku VPVR chart. These are for approximate not exact price targets.
Ichimoku currently saying down, however compared to the last downward push, its less severe.
Ichimoku currently saying down, however compared to the last downward push, its less severe.
Note
Note
Predictions based off volume. Note
That was meant for LTC haha.Note
BTC UPDATE:Note
Cleaned up the lines, now im only emphasizing the spikes of BUY volume (green/blue spikes). They still provide the same estimate of where the price will stick, but with less lines. I also highlighted the ichimoku moving average conversions (the boxes you see).Note
Possibilities using the volume profile. Rising wedge at play. Note
We are in a triple bottom pattern long term, rising wedge short term.
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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.