Dow believed that volume confirmed price trends. When prices move on low volume, there could be many different explanations. An overly aggressive seller could be present for example. But when price movements are accompanied by high volume, Dow believed this represented the "true" market view. If many participants are active in a particular security, and the price moves significantly in one direction, Dow maintained that this was the direction in which the market anticipated continued movement. To him, it was a signal that a trend is developing.
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CAUTION! WARNING! Critical level. The uptrend holds above this support. $ 7200 lost in close The uptrend is nullified!
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Seems that BTC is rolling over now. We some confirmation that we will make a new cycle low, and new low would be buyable so stay sharp! keep eyes fixed. Keep and calm!
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