The market has been ranging and is slightly up to $245.64B. Dominance has moved back up to 57.11%. The price of Bitcoin has remained locked between 7700-8000.
Volatility has lowered and the trend is still strong indicating this consolidation could break out in the next 3-5 days once the ascending channel trendline is tested.
The kijun has begun drifting upwards, which indicates a small increase in momentum.
Volume has continued to descend and if it's unable to pick up, the price will be testing the downside.
Volatility has lowered and the trend is still strong indicating this consolidation could break out in the next 3-5 days once the ascending channel trendline is tested.
The kijun has begun drifting upwards, which indicates a small increase in momentum.
Volume has continued to descend and if it's unable to pick up, the price will be testing the downside.
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Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.