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Heavy Volume Cluster leads to Support - Long BTC
Bitcoin
Long
Heavy Volume Cluster leads to Support - Long BTC
By Tools-for-Trader
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Jan 4, 2021
5
Jan 4, 2021
At 29700 BTC found support. As you can see, at 29700 USD is a big volume cluster that indicates heavy buying activity.
As long as this support holds, I expect a continuation of the upwards trend, also on lower time frames. Otherwise, BTC could fall to 26700.
Nevertheless, the long term trend of BTC looks still very healthy.
buyingactivity
support
Trend Analysis
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