Could you explain this pattern?
Price comes back to all time highs then it crabs there a little bit on low volume. Volume gets smaller and smaller by the time. What does this mean? Is it bullish or bearish. Here the chart. It's ChainLink
https://i.ibb.co/C7hDYyJ/priceup.png
https://coinmarketcap.com/de/currencies/chainlink/
low volume = no one wants to sell? But we could also say that no one wants to buy ... so that ''no one wants to sell'' it's pointless ihmo
here the chart when it was 3.63 some months ago
https://i.ibb.co/7nfnsZc/bbff.png
the intersting thing tought is that every low volume is preceding a pump. Why?
Price comes back to all time highs then it crabs there a little bit on low volume. Volume gets smaller and smaller by the time. What does this mean? Is it bullish or bearish. Here the chart. It's ChainLink
https://i.ibb.co/C7hDYyJ/priceup.png
https://coinmarketcap.com/de/currencies/chainlink/
low volume = no one wants to sell? But we could also say that no one wants to buy ... so that ''no one wants to sell'' it's pointless ihmo
here the chart when it was 3.63 some months ago
https://i.ibb.co/7nfnsZc/bbff.png
the intersting thing tought is that every low volume is preceding a pump. Why?
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