BTC depend on volume
1 scenario (blue) - a tapering triangle is implemented in case of low volume. levels in this scenario: 10K-high. above it, the output of the triangle at 11K. 11K is the strongest level of the growing trend. 8.4K-low.
2 scenario (red) - we are in a flat channel. implemented in case of high volumes. levels in this scenario: 10K-high. 6.5K - low.
If we will see the 1st scenario, trade from the median of the triangle - 9.2K to place orders in the direction of price movement.
If we will see the 2nd scenario, trade from the middle of the channel-7.8 K.
2 scenario (red) - we are in a flat channel. implemented in case of high volumes. levels in this scenario: 10K-high. 6.5K - low.
If we will see the 1st scenario, trade from the median of the triangle - 9.2K to place orders in the direction of price movement.
If we will see the 2nd scenario, trade from the middle of the channel-7.8 K.
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