BITCOIN IS BACK! #CRYPTORALLYBitcoin is clearly in an uptrend after forming a double bottom. It has broken the OBV resistance, and volume is increasing. The Supertrend indicator is giving a buy signal, with a target of $72k in sight.
Obvoscillator
How to Use a Wave Volume Divergence Indicator
Wave Volume Divergence Indicator is being introduced In this video, I explain how to use the indication and the purpose behind it.
Please forgive me if there are any mistakes in this video as I am not an expert speaker.
I'm expecting this video will make wave volume divergence indicator easier for you to understand. Please share this video and indicator with others if it is beneficial to you. Please follow me and like this post to encourage me.
Wave Volume Divergence Indicator
To learn more about divergence, read my article on divergence, which was selected in Tradingview's Editor's Picks.
To learn more about Price and Volume divergence Read My Article on Price and Volume Analysis
Indicator help you to identify when the smart money is buying or selling. Wave Volume Divergence indicator is a powerful tool that can help you trade in sync with the smart money and make better trading decisions. The Wave Volume indicator is very useful for determining the direction of a trend & Reversal of trend based on Divergence. The Wave Volume Divergence indicator can be used to see if there is a power shift between bulls and bears.
This indicator will give signs for divergence together with the cumulative volume of the bullish and bearish waves.
Do not rely on diversions blindly because they may be false signals; instead, use this indicator with your strategy.
For high probability trades, use the divergence signal on strong support and resistance levels.
Please share this video and indicator with others if it is beneficial to you. Please follow me and like this post to encourage me.
