๐ 3 things volume says about $BTC right now
1๏ธโฃ Sep 21 breakout to $86,620 came on 2.2x avg volume
2๏ธโฃ Oct 10-11 bounce ran on just 0.4x volume, then faded
3๏ธโฃ Daily OBV is down ~101K BTC since Sep 21, price only ~4%
๐ Today's 4H rebound from $81,034 has 2.0x volume
๐ฏ My take: close over $84,352 on strong volume = real bounce
๐ฌ Do you look at volume before buying a breakout? ๐
๐ Full lesson: https://app.binance.com/uni-qr/cart/376718022161136
#VolumeAnalysis #TradingTips #Bitcoin
1๏ธโฃ Sep 21 breakout to $86,620 came on 2.2x avg volume
2๏ธโฃ Oct 10-11 bounce ran on just 0.4x volume, then faded
3๏ธโฃ Daily OBV is down ~101K BTC since Sep 21, price only ~4%
๐ Today's 4H rebound from $81,034 has 2.0x volume
๐ฏ My take: close over $84,352 on strong volume = real bounce
๐ฌ Do you look at volume before buying a breakout? ๐
๐ Full lesson: https://app.binance.com/uni-qr/cart/376718022161136
#VolumeAnalysis #TradingTips #Bitcoin