Volume is the most important indicator, but it is the most neglected one. Most new traders neglect this indicator. I also neglected her for 3 years. I didn’t know about its importance. Now let me share this with you guys. I know most will ignore it, but some will take it seriously and implement it in their trading. This post is for them.

What is a volume indicator, and why is it important? 

I'm not going to write a thesis or any long story on this. You will find long stories and theses on the internet. (The actual matter is that I'm not a good writer, lol🤭) 

I'm going to tell you in short and in a way you can understand easily. 

Let's say the price is a bike and the volume is its patrol. If you have enough patrol, your bike will run smoothly. That's to say, with enough volume, the price increases smoothly or without a small pullback.

If you have some traffic, your bike will not run smoothly. Sometimes it will stop, and sometimes it will run. That's mean with small volume, the price will increase, decrease, increase, and decrease. That's a small pullback.

If you have almost no patrol, your bike will not run. You can push it with your hands for some distance, but ultimately you will be tired and will stop pushing. That's to say, without volume, the price will go for a major correction. If not, if the price is pushed without volume, it will not go for a long time. It will go for a major correction very soon.

#BTC🔥🔥🔥🔥🔥🔥

Finally some good buying volume in Coinbase. The pullback is very strong. I hope it won't turn out red ultimately in the daily chart.

Currently, $BTC is trying to break the resistance area which is around 64.5K. There is also EMA 50 Resistance.

Overall, everything is looking bullish to me. If halving does not create a selling pressure, $BTC will break the resistance soon and the worst scenario can come is retesting 60K again. If I see there less selling pressure, I will buy with SL. But until halving, only scalping is good for me. After halving I will share some juicy charts here and on Twitter.

Anyway, these all are my thoughts and decisions. These are not financial advice. I'm thinking of sharing scalping signals on my Twitter profile. So, stay connected there if you are interested.

#BTC🔥🔥🔥🔥🔥🔥
#BTC_CRASH_UPDATE

JUST IN: 🇮🇷 🇮🇱 Israel officially launches attack on Iran.

But I shared you yesterday why I'm not bullish at BTC at that time even after that pull back. ---Click Here

#BTC🔥🔥🔥🔥🔥🔥

Previous post about $BTC -->> Click Here

Congratulations everyone!! #Bitcoin has broken out!! Such a great news right?

But there are one/two things that are making me worried.

The first one is volume. On the second chart, we can see a similar breakout occurred previously but the volume is decent in Binance and the volume was super in Coinbase (On the third chart). But in today's breakout, we can see almost half the volume in comparison to the past one in Binance. It was worse in Coinbase. There is almost no volume. #Coinbase and #Binance are the top two markets and if you don't find any volume here where you will find it? Nowhere.

The second thing is Resistance at 64.5K. If $BTC continues to pump without volume, it won't be able to break that heavy resistance.

The Third one is EMA 50 (The First Chart). #BTC is being traded below 50 EMA. It is working as a resistance at 64.5K. This pump just can be for a bearish retest.

The Fourth one is Halving. If halving does a "Buy the rumor, Sell the news" event, it will be a horrifying event.

So, what I'm doing? Chilling out nothing else lol. My plan is simple. BTC halving left only 1 Day. I will wait and see if it can break out 64.5K with a good volume and stay over 64.5K until after the day of halving, I will be in and buy my coins. I'm not willing to long anything against 4 Bearish things.

Again these are my thoughts and decisions. Not Financial Advice.

What do you feel about BTC now?

#BTC🔥🔥🔥🔥🔥🔥

My scalping chart--

#BTC🔥🔥🔥🔥🔥🔥

I called on Twitter for BTC to 58K when it was at 65.9K. Then it dropped to 59.8K and currently took a small pullback. I clearly said there if BTC drops from 65.8K we most probably see 58K and if it doesn't hold there, we will see 53K.

Currently, BTC is holding a 58K-59K support zone. And it is a DO or DIE zone for BTC. If it can hold, we will see 65K again, 70K is also possible. Otherwise 53K.

As it is a DO or DIE zone, we shouldn't hold any position. If you want to hold, my suggestion is to hold a small amount with SL.

Anyway, I will try to keep updating here. Give me a follow on Twitter as I'm more active there. And also don't hesitate to share your thoughts.

#bitcoinhalving #BullorBear #BinanceLaunchpool

Remember? ETF approval news made a situation like "buy the rumor, sell the news". What if BTC halving news makes a similar situation?🤔

Only 1 Day 19 hours left for Halving. And BTC is already in a critical zone.

What are your thoughts? BTC will pump or dump from here in the short term?

#bitcoinhalving #BullorBear