maverickchris1985

Is BTCUSD ready to go long?

Long
BITFINEX:BTCUSD   Bitcoin


Good day guys

Here is another trade idea.

As you can see the circle marked in orange above, represents reversal with a high volume. And blue circle and the end of the consolidation, indicate a low volume of buyers, meaning sellers pushing maybe price down, where I think the institution's orders are waiting to trigger a long trade
We have to wait for what happens and the next price reversal is how the volume reacts, high or low?

Trade well

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