@kevinwilson64 on BTCUSD | PriceONN Community
Alright, taking a look at BTCUSD volume here... it's definitely interesting. We had that little pop earlier, but the volume wasn't exactly screaming 'breakout'. In fact, it looks like volume is actually *decreasing* on this latest push, which is a classic sign of divergence. Could be a fakeout before a bigger move down. I'm also keeping an eye on the 200 SMA around 69500; seems like a magnet. If it breaks below that, things could get ugly fast. On the other hand, if volume picks up significantly above 70500, I might have to reconsider my short bias. Let's see what happens...