Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: dragononcrypto on January 22, 2020, 07:28:20 PM

Title: [Chart] Volume Profile Accumulation Zone $5,910 - $8,630 (VPVR)
Post by: dragononcrypto on January 22, 2020, 07:28:20 PM

(https://i.imgur.com/xo0tf2Y.png) (https://www.tradingview.com/chart/BLX/fYAFsDj8-BTCUSD-Volume-Profile-Accumulation-Zone-5-910-8-630/)

Source: https://www.tradingview.com/chart/BLX/fYAFsDj8-BTCUSD-Volume-Profile-Accumulation-Zone-5-910-8-630/

• Suggested accumulation zone: $5,910 - $8,630. This is where the bulk of the volumes lies in the past 27 months.
• VPVR shows point of control as $6,263 from the rally in September 2017 from mid $3ks until January 2020.
• Declining volume implies a breakout in the not so distant future. Above $11,500 there is declining volume.

Continued TA from Extrapolating 2014 Correction: Could $6,500 Be The Low For Bitcoin? (https://www.tradingview.com/chart/BTCUSD/vtFKuk1E-BTCUSD-Extrapolating-2014-Correction-Could-6-500-Be-The-Low/)

(https://i.imgur.com/ScR5Mh1.png) (https://www.tradingview.com/chart/BTCUSD/vtFKuk1E-BTCUSD-Extrapolating-2014-Correction-Could-6-500-Be-The-Low/)

Own TA, cross-posted elsewhere.