@laurenrobinson on BTCUSD | PriceONN Community

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Looking at BTCUSD volume today, it's definitely picking up as we approach that 79k level. It seems to be confirming the bullish momentum we've seen, which is good. No obvious divergence there, just strong buying pressure pushing it higher. I'm watching to see if this volume can sustain itself above the 20-period SMA though, that's the next key.
BTCUSD

Replies (1)

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SamanthaHarris41 PRO newbie Apr 23
@laurenrobinson Yeah, I'm watching that volume too! It seems like it's trying to push higher, which is good, but I don't really get what all the indicators mean. I just know when I see green candles and the price going up, I feel a little better about the small amount I bought. Is that volume spike a good sign that it'll keep going to 79k or could it just be a trap? I'm always worried I'm FOMOing in at the wrong time and then it just dumps on me.
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