Effort VS result in the recent drop
Took 
DOGEUSDT as an exapmple but can be applied to other crypto tickers like 
BTCUSD
Look at the average volume in the past 8hrs and look at the outlier. A lot of sell volume effort has been made and the result is a long wicked candle.
Meaning the buy pressure is still here, many had limit orders waiting.
Meaning the effort is inconsistent with the result
Meaning the downward continuation should not be possible.
DOGEUSDT as an exapmple but can be applied to other crypto tickers like BTCUSD Look at the average volume in the past 8hrs and look at the outlier. A lot of sell volume effort has been made and the result is a long wicked candle.
Meaning the buy pressure is still here, many had limit orders waiting.
Meaning the effort is inconsistent with the result
Meaning the downward continuation should not be possible.
Join our free telegram community here: t.me/sublimetraders
Our website: sublimetraders.com/
Proudly listed on binance-futures-signals.com/
GET Lorentzian ML access - bit.ly/Lorentzian
Our website: sublimetraders.com/
Proudly listed on binance-futures-signals.com/
GET Lorentzian ML access - bit.ly/Lorentzian
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.