Bitcoin continues to bounce off CVD divergence levels
Cumulative volume delta candles with painted divergence levels (yellow candle with bars: red=price below divergence level, green=price above divergence level)
Using renko can show very clear levels and during this period of chop we can see the bulls have cleanly bounced price every time off each level creating a higher low
See further info on this previous idea clearly showing 2 reversal levels -
Using renko can show very clear levels and during this period of chop we can see the bulls have cleanly bounced price every time off each level creating a higher low
See further info on this previous idea clearly showing 2 reversal levels -
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