[Chart] VPVR Part 1: Volume Profile Accumulation Zone $5,910 - $8,630
Part 1: Volume Profile Accumulation Zone $5,910 - $8,630 (VPVR)
Source: TradingView, February 3rd 2020. Screenshot: June 5th 2020.
Source: TradingView, February 3rd 2020. Screenshot: June 5th 2020.
- 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.
