Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Analysis
by
ft73
on 17/10/2018, 18:49:44 UTC
⭐ Merited by Wekkel (1)
Moving at a very slow pace.
Yet it's moving and we have a BB squeeze.

Global OBV:


Local OBV:
~snip~

Few days left for (A).
Otherwise (B) which would be more historically "compliant".


@ft73: how the OBV chart is looking now? Did we reach the levels marked in yellow?



No, see the 3 horizontal blue dashed lines.

Technically it's above resistance now on Bitstamp, but it does not look like that on Bitfinex yet.



Anyway, no volume no buy.

Take a look at this as well:



We need that support to hold in order to hope for a breakout without moving lower.