For a daily trader, who wants to make quick profit in short span.
i have marked trend lines, resistance suport on hourly time period, and candle interpretation from 3 minute char
Please set the time frame of chart to 3 mins. Here we can observe in Sl no. 2 That the Volume of Coin has increased drastically and price has increased the candle stick pattern formed is a Marubozhu Candle pattern with a slight wick on top. The next candle stick is bearish in nature with a small volume. Price increase with volume decrease means the decreasing down trend .
Significant downtrend in next few minutes , price falls from 421 to 412
i have marked trend lines, resistance suport on hourly time period, and candle interpretation from 3 minute char
Please set the time frame of chart to 3 mins. Here we can observe in Sl no. 2 That the Volume of Coin has increased drastically and price has increased the candle stick pattern formed is a Marubozhu Candle pattern with a slight wick on top. The next candle stick is bearish in nature with a small volume. Price increase with volume decrease means the decreasing down trend .
Significant downtrend in next few minutes , price falls from 421 to 412