Today's Trading Plan based on volume analysis: BTCUSD

28 Apr 2018

The buyers have not yet managed to bring classically started yesterday uptrend to a logical conclusion - attack on 10,000 USD. The price is within the limits of a weekly auction with almost equal accumulations of its upper and lower bounds (1st arrow on the screen). We are expecting today a narrowing of the flat, which in common parlance is called a triangle (2nd arrow on the screen). Since buyers have not been able to overcome the resistance of sellers on the first try, perhaps the market needs a deeper correction before going to 10,000 USD and above. The signs of this scenario will be as follows: price going below 8800 and fixing there.https://www.tradingview.com/x/uOVDyMMW/