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🪄 Bull Market Detection 01 | AICoin and Bitget Research Institute: Using OBV Indicator to Precisely Identify Market Peaks and Bottoms
📌Content Details: https://t.co/gBkYJDiiQP
OBV (On Balance Volume), is the Energy Tide Indicator, which accumulates daily buying and selling volumes to assess the market power comparison, serving as a powerful auxiliary tool for price trends. The specific value of OBV has no practical significance, but combined with price and trading volume, its trend and rate of change can effectively reflect price opportunities.
OBV has the following classic uses: confirming trends, avoiding peaks and seizing bottoms, and assessing major player behavior. OBV is often used in conjunction with moving averages for market predictions, combined with price moving averages to find key breakout points, and paired with trading volume moving averages to identify institutional entry.
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