Possible breakout by bulls
As you can see, the circles are drawn where prices faced strong pullbacks when encountering support or resistance lines.
Going with it, BTC have a more likely chance of breaking upwards or travel sideways rather than down.
In order to have a upward breakout, volume indicator for BTC would need to have significant buy in amount.
Going with it, BTC have a more likely chance of breaking upwards or travel sideways rather than down.
In order to have a upward breakout, volume indicator for BTC would need to have significant buy in amount.
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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.