Solana | Simple Signals: Volume
Hello my fellow cryptocurrency traders, we have some similarities with the past and present day. Let's have a look at this simple signal: volume.
➖ In July 2023 (left side of the chart —green), Solana (SOLUSDT) produced a very strong signal in the form of bullish volume. The strong buy volume came after more than 45 days of bullish action.
The strong buy volume signaled the start of a major bullish wave.
➖ In August 2024 (right side of the chart —red), Solana (SOLUSDT) produced a very strong signal in the form of bearish volume. The strong sell volume came after more 140 days of bearish action.
The strong sell volume signaled... the continuation of a bearish move?
What do you make of this signal?
Do you think this signal indicates a bullish reversal or bearish continuation?
Share in the comments section below.
Namaste.
➖ In July 2023 (left side of the chart —green), Solana (SOLUSDT) produced a very strong signal in the form of bullish volume. The strong buy volume came after more than 45 days of bullish action.
The strong buy volume signaled the start of a major bullish wave.
➖ In August 2024 (right side of the chart —red), Solana (SOLUSDT) produced a very strong signal in the form of bearish volume. The strong sell volume came after more 140 days of bearish action.
The strong sell volume signaled... the continuation of a bearish move?
What do you make of this signal?
Do you think this signal indicates a bullish reversal or bearish continuation?
Share in the comments section below.
Namaste.
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followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
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