Look for a high volume trend reversal to break the current downward trend by $38K. Sundays are not high volume days so the trend reversal is unlikely today.
I mostly expected it to bounce here right around the $43,300 to $43,800.
See the prior dipping trend reversal from December for a closer look at the volume-trend reversal relationship.
I mostly expected it to bounce here right around the $43,300 to $43,800.
See the prior dipping trend reversal from December for a closer look at the volume-trend reversal relationship.
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.
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.