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Bull Market Detection 01 | AICoin and Bitget Research Institute: Utilizing OBV Indicators to Accurately Catch the Top and Explore the Bottom

2024-11-27 07:55

AICoin and Bitget have formed a strong alliance to deeply analyze the important technical indicator in bull markets - OBV, with the aim of helping users effectively escape the top and buy the bottom using this indicator, and seize market opportunities. OBV (On Balance Volume), also known as the Energy Tide Indicator, is a powerful auxiliary tool for price trends by accumulating daily buying and selling volumes to determine market strength comparisons. The specific value of OBV has no practical significance, but when combined with price and trading volume, its trend and speed of change can well reflect the opportunity of the coin price. OBV has the following classic uses: confirming trends, jumping to the top and buying the bottom, and judging the main behavior. Among them, OBV often uses moving averages to predict market trends, price moving averages to find key price breakthrough points, and trading volume moving averages to identify institutional entry. Practical tips for OBV: https://www.aicoin.com/article/431559.html

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