Bitcoin volume and price are diverging.

CN
1 year ago

Many novice partners say they don't understand the changes in the framework of the small-level market.

I have always said that when trading, you can't just stare at your phone and look at the 15-minute candlestick chart, because you won't see anything at all.

If I draw this picture for you to see, then you might regret why you chased long positions in front of resistance during the day?

Figure 1: Resistance level and high and low point schematic diagram.

Figure 2: Volume-price divergence schematic diagram.

If you look at the chart like this, do you feel it's very clear?

Including some opponents of chartists, it's not really that drawing lines doesn't work, it's just that the lines you draw don't work.

When I'm live, I always tell partners that trading techniques are not really complicated. If you treat it as a game, it's like everyone is finding fault. The market leads, and indicators lag. Indicators follow prices, not prices follow indicators.

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