"Price Action with Volume" theory on, Bitcoin!
I am not going to write here in Pages. Let's move the strength topic.
This is "Price Action with Volume theory".
Relation of Congestion vs. Volume examination:
Herein, 4 CONGESTION found throughout VOLUME declined. 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs.
All the Congestion has low volume and after the breakout, we are seeing a single directional move.
If we are at CONGESTION phase, we will see a surge in price after the breakout. In the current case, we have more volume compared to all other Congestion phases.
If you LIKE this idea, You will get Real-Time with lower timeframe NOTIFICATION trable update.
This is "Price Action with Volume theory".
Relation of Congestion vs. Volume examination:
Herein, 4 CONGESTION found throughout VOLUME declined. 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs.
All the Congestion has low volume and after the breakout, we are seeing a single directional move.
If we are at CONGESTION phase, we will see a surge in price after the breakout. In the current case, we have more volume compared to all other Congestion phases.
If you LIKE this idea, You will get Real-Time with lower timeframe NOTIFICATION trable update.
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