volume validates price movement | Gdpredador on Binance Square

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volume validates price movement

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Christmas Eve. Do you really think everyone is on vacation? haha Will it continue to rise? maybe. But that's what I'm talking about. Until the moment I said it was a fall, I didn't have that volume. this rules out a fall. at least for now. see how volume is converging with prices. $BTC

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although bitcoin is rising with volume on bullish candles. the market is not confident, even with the dominance of btc plummeting, altcoins still do not seem to have much appreciation.

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At this point, it is ruled out that Bitcoin will continue to fall. volume entered bullish candles. To consider a sale we need to see the seller return to having volume on the bearish candles. $BTC

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pay attention to the volume on the sell candles. and as there is no volume in the return movement. absorption is very small. irrelevant. This is just a breather to drill that bottom down. even more so considering the top context with seller divergence and continuity. bitcoin is almost on the Kiss of death. It's not the end yet but it's a distribution

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There's a time to buy. of selling and doing nothing. Now it's time to do nothing. wait for bitcoin to bottom. hard to say what will happen with altcoins. Better to stay out of it for a moment. We already have a region of demand. It shouldn't be much more than that. but it's good to wait.

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