1. Volume Spike Context
A 150% volume increase is significant, but without buyers stepping in, this can mean:
Absorption: Large orders are filling on the sell side, suppressing upward movement.
Liquidity Sweep: Price is testing a key zone to trigger liquidity (e.g., stop-losses or limit orders).
2. Blue Box Zones
When price approaches your predefined blue boxes:
Observe how price reacts in those zones on lower timeframes (e.g., 1-minute or 5-minute):
Is price consolidating (building a base)?
Are there sharp rejections (wicks, tight ranges)?
Is price forming higher lows (signs of buyers stepping in)?
3. Upward Breakout Triggers
To evaluate upward breakouts:
Focus on price structure:
A clear break above recent highs on lower timeframes.
Watch for a clean candle close above the range to confirm buyers have control.
Ensure the breakout is not a fakeout:
Price should not immediately drop back into the range after breaking above.
Look for a retest of the breakout level that holds as support.
4.Volume Behavior at Blue Boxes
Even without indicators, you can observe volume visually:
If large volume candles appear near the blue boxes and price holds โ buyers may be absorbing supply.
If price starts moving up with minimal retracement โ potential for continuation.#trxshort #Write2Earn! #FullMarketBullRun #BTCNewATH