The OBV line will take on a trend—either up, down, or sideways. When the OBV line is in an upward trend—meaning that each new peak in the OBV line is higher than the previous peak or each new trough is higher than the previous trough—this is an indication that the security is undergoing accumulation or buying.
When price moves in one direction and the OBV moves in the opposite direction, a negative divergence is taking place. This serves as a warning that the current price trend may be reversing.
The OBV is making higher lows. This means BTC is in a accumulation phase and the downtrend will reverse soon.
When price moves in one direction and the OBV moves in the opposite direction, a negative divergence is taking place. This serves as a warning that the current price trend may be reversing.
The OBV is making higher lows. This means BTC is in a accumulation phase and the downtrend will reverse soon.
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Crypto Bitcoin & Altcoin Trading Signal Finder: tiny.cc/Cryptoping
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