Symmetrical triangle...Low Volume ....Probably heading down....watch out!!! 9800 here we come
As the symmetrical triangle extends and the trading range contracts, volume should start to diminish. This refers to the quiet before the storm, or the tightening consolidation before the breakout. With the bearish div shown in the Id scale....we might also get a uptrend breakout toward 15k or even 16k in mid Feb.
Hodl or not Hodl...the few coming hours will answer this question.
I'm just a newbie don't take my analysis for granted....do your research before you take any risk.
As the symmetrical triangle extends and the trading range contracts, volume should start to diminish. This refers to the quiet before the storm, or the tightening consolidation before the breakout. With the bearish div shown in the Id scale....we might also get a uptrend breakout toward 15k or even 16k in mid Feb.
Hodl or not Hodl...the few coming hours will answer this question.
I'm just a newbie don't take my analysis for granted....do your research before you take any risk.