cryptoonchain

Beware of market traps

COINBASE:BTCUSD   Bitcoin
Hi
What you are reading is my personal opinion and not a recommendation for trading
According to the law of effort and the result of Wikoff, what happens in the market must be the result of effort, And what he means by effort is the volume.
But if the volume does not match the price, what is the sign? something is wrong. It may be a trap set by market makers.
In the recent bitcoin chart, we have seen in two periods that despite the increase in price, the volume has decreased or we have not seen a significant change in volume. These cases may not confirm the current trend until we see an increase in trading volume

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.