Post
Topic
Board Speculation
Re: Nights Watch by Afrikoin
by
Afrikoin
on 05/05/2016, 07:10:21 UTC
Always pays to zoom out and look at the bigger picture, and for the more risk tolerant and more long term minded amongst us, it seems that $426-$428, represented a trendline breaking, Mom and Vol indicator bullish structure entry point into Bitcoin, targetting $650 and above......


....but just take a look at the Volume bars down the bottom of the chart. That aint yelling "its a bull!" to me.



Nope! It looks like triangle volume to me. The big confirmation volume will come with a break above the D-Wave high (475 iirc)