BTCUSD VPVR Part 2: Volume Point of Control Now Turned Support
The bullish case is here:
The is continued analysis from the below, looking at the alternative VPVR perspective on Bitstamp:
BLX Volume Profile Accumulation Zone $5,910 - $8,630 (January 22nd 2020)
Related Bullish TA
Network Hash Gives 10th Buy Signal In 9 Years
February 6th-11th 2020 - The Next Swing Low
Extrapolating 2014 Correction - Could $6,500 Be The Low?
Two & Four Year MA's Claim It's Time To Accumulate
- VPVR Point of Control, since $3K in September 2017: $8,188
- Price has closed for two consecutive weeks above this PoC
- Hash Ribbons buy signal - December 2019
- 1 & 2 Year MA bull-cross - January 2019
- Price above MA Ribbons - January 2019
- MACD bull-coss on Weekly - January 2019
The is continued analysis from the below, looking at the alternative VPVR perspective on Bitstamp:
BLX Volume Profile Accumulation Zone $5,910 - $8,630 (January 22nd 2020)
Related Bullish TA
Network Hash Gives 10th Buy Signal In 9 Years
February 6th-11th 2020 - The Next Swing Low
Extrapolating 2014 Correction - Could $6,500 Be The Low?
Two & Four Year MA's Claim It's Time To Accumulate
Comment:
Currently testing entry price of $8,700. Nothing to panic about as referenced in comments Part 1:
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