coinomist

IOTA/Bitcoin VWAP Market Trend Analysis

BITFINEX:IOTBTC   IOTA / Bitcoin
On IOTA/Bitcoin chart, VWAP market trend analysis looks a little different. So here the VWAP has clearly been broken and functions as a resistance level right now. I see decent support at 0.00017. New high only, when breaking current VWAP level. What do you say?
Comment: testing vwap level at 0.00026, rsi still in the sell mood
what is VWAP?
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coinomist fairplay47
@fairplay47, volume weighted average price, some kind of average price most of the volume was traded.
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