TOTAL Market Cap and Volumes indicators
How has Volume changed over the years?
Crypto TOTAL Market Cap and Volume
The vertical lines are key moments in TOTAL PA
Starting back in 2017 and again in July 2019, Note how the volume on the Standard VOLUME indicator ( right under PA ) would seem as expected. It increased steadily Till Jan '21 and has been decreasing since, despite a New ATH in Nov '21
Below that is the VAPI ( Volume Accumulation Percentage Indicator)
Note how VAPI was DECREASING before the ATH '17 and High that followed. That then happens again in Nov 2021
In #BTC push since Jan '23 the peak was late Jan and has been decreasing since even though we hit a high on PA in April
Worth learning about in detail
Then the OBV (On-balance volume)
this is fairly straight forward an o real surprises. It was rising till May '21, Dipped and came back up for the Nov '21 ATH. and has been decreasing since. It is easy to read but sometimes can be misleading as we see from above. BUT note how the lower MA's in this indicator "Spike" just before a change of trend
MVRV - Z Score (Market Value to Realised Value Ratio)
This is NOT Volume based but works well with the VAPI and VFI
This one is also worth you Looking into in detail
Tends to Peak and retrace before ATH also
VFI ( Volume Flow indicator)
This is possibly one of my favourites. Very easy,
From 2017 ATH, rapid Drop below ZERO line and then back up to next high in July '19 - ranged pretty well above 0 till Jan '20 and then rose till reached Top in Jan '21 and stayed there till ATH.
It has been descending ever since
For Me VAPI and VFI work well and using the MVRV Z just adds a cushion of info that adds up
Using these to project forwards ( which is never recommended but I like living dangerously ) it is very possible that we will not start heading towards a New ATH until we reach the ZERO line on the VFI in Sept this year. September is not normally a great month so this could be the Turn around month and Oct is lift off ?
This projection also works for the "Waterline" on the Z score to bounce off- last time it did that was March '20, that is if it falls through the line of support it is currently on
Very hard to do a projection on the OBV but the VAPI does also suggest that in Sept this year, it may have reached a Max downside
And Now, I HAVE to say, This could all be So completely Wrong and we could see something completely different and it is highly likely given the current Fundamentals in the world
But at the same time, We have the expected date of Halving in April '24 and the run up begins anywhere from 300 day before ( around now ) , with the next ATH up to 500 days after Halving
SO, Anything can happen from now till April '24, its just things maybe different this time ?
Or will PA begin its push up soon and th eidea of Sep is in fact, a "Dead" Zone during that climb up ?
Time Will tell
This is NOT advice, Just a thinking cap
Enjoy
Crypto TOTAL Market Cap and Volume
The vertical lines are key moments in TOTAL PA
Starting back in 2017 and again in July 2019, Note how the volume on the Standard VOLUME indicator ( right under PA ) would seem as expected. It increased steadily Till Jan '21 and has been decreasing since, despite a New ATH in Nov '21
Below that is the VAPI ( Volume Accumulation Percentage Indicator)
Note how VAPI was DECREASING before the ATH '17 and High that followed. That then happens again in Nov 2021
In #BTC push since Jan '23 the peak was late Jan and has been decreasing since even though we hit a high on PA in April
Worth learning about in detail
Then the OBV (On-balance volume)
this is fairly straight forward an o real surprises. It was rising till May '21, Dipped and came back up for the Nov '21 ATH. and has been decreasing since. It is easy to read but sometimes can be misleading as we see from above. BUT note how the lower MA's in this indicator "Spike" just before a change of trend
MVRV - Z Score (Market Value to Realised Value Ratio)
This is NOT Volume based but works well with the VAPI and VFI
This one is also worth you Looking into in detail
Tends to Peak and retrace before ATH also
VFI ( Volume Flow indicator)
This is possibly one of my favourites. Very easy,
From 2017 ATH, rapid Drop below ZERO line and then back up to next high in July '19 - ranged pretty well above 0 till Jan '20 and then rose till reached Top in Jan '21 and stayed there till ATH.
It has been descending ever since
For Me VAPI and VFI work well and using the MVRV Z just adds a cushion of info that adds up
Using these to project forwards ( which is never recommended but I like living dangerously ) it is very possible that we will not start heading towards a New ATH until we reach the ZERO line on the VFI in Sept this year. September is not normally a great month so this could be the Turn around month and Oct is lift off ?
This projection also works for the "Waterline" on the Z score to bounce off- last time it did that was March '20, that is if it falls through the line of support it is currently on
Very hard to do a projection on the OBV but the VAPI does also suggest that in Sept this year, it may have reached a Max downside
And Now, I HAVE to say, This could all be So completely Wrong and we could see something completely different and it is highly likely given the current Fundamentals in the world
But at the same time, We have the expected date of Halving in April '24 and the run up begins anywhere from 300 day before ( around now ) , with the next ATH up to 500 days after Halving
SO, Anything can happen from now till April '24, its just things maybe different this time ?
Or will PA begin its push up soon and th eidea of Sep is in fact, a "Dead" Zone during that climb up ?
Time Will tell
This is NOT advice, Just a thinking cap
Enjoy