Ninjastic
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
windjc
on 02/02/2018, 15:06:18 UTC
Quote from: SecondLeoTheSecond on February 02, 2018, 03:02:52 PM
Quote from: windjc on February 02, 2018, 02:31:56 PM
Quote from: Rsiyz on February 02, 2018, 02:29:49 PM
Quote from: SecondLeoTheSecond on February 02, 2018, 02:24:43 PM
Quote from: luckygenough56 on February 02, 2018, 01:58:14 PM
dildo is in
Not enough volume yet

Bingo!!  Wink 

Actually we had the most vol on any 1 hour and 2 hour candles on both stamp and BFX since the ATH. Vol is good enough for this to be the bottom.
Correct, but the relative volume to the rest of the surrounding timeframe is not distinguished enough for me to really consider this the bottom. When we hit the 7700 Level again and bump up again with a similar rise in volume things are pretty clear.
Or we go up to 9000+ on another 2billion volume.
That would be pretty clear as well.

Well, of course we need to see sustained green candles higher than red and some more green candles supported by vol. But it looks good enough so far.