A look at the expected movement of Bitcoin in the short term

A-look-at-the-expected-movement-of-Bitcoin-in-the-short-term

By observing the Taker Buy Sell Volume/Ratio indicator, which measures the ratio and trading volume, we can expect the next movement for the short term, and I personally use it in short speculation.

We will use it with the 250-day moving average, and based on the previous movements of it , we conclude that when the value rises above 1.02, there are selling areas, and buying areas when value is less than 0.98.

Now the indicator is moving above 1.02 and reached 1.05 for a moment, so I expect selling to prevail and there are better areas to buy than the current ones! You will find the indicator below the analysis