BTC hindsight.

May 11, 2018

link to external chart with what im talking about since im a trading view noob
https://imgur.com/a/V1ySpd2

New trader, mostly just publishing an idea to get something out there.

Looks like in hindsight when the entire asset class is making large % moves upward for days at a time it would make sense to view the upward moves and the challenging of resistances in this under rated light, without any RSI.

Basically if I were to have looked at this simple indicator during the bull run I would have seen that the Price/Volume indicator channeled downward after the first rejection of the 99xx area. When we began to climb again toward 99xx, the Price/volume indicator stayed flat. This is a sign of losing steam, and although simple can predict the timing of retracements such as these or yield good exits.

Good luck and happy trading!!