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RE: Time to be buying?

in #trading7 years ago

Hey @cryptographic!

It wasn't super clear that you were talking about BTC at the start of the article, so I had to go and re-read it with that in mind... but it does look pretty promising. Not a huge amount of volume... or am I missing something?

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Volume is low, and that's a good sign on a pullback, but there's also the old saying that it doesn't take volume for something to fall in price. I think we're looking for something a bit more climatic though, and then some positive volume expansion on a rebound before we can really put too much into the light volume.