Post
Topic
Board Speculation
Re: [Chart] Volume Profile Accumulation Zone $5,910 - $8,630 (VPVR)
by
exstasie
on 22/01/2020, 21:55:46 UTC
Suggested accumulation zone: $5,910 - $8,630. This is where the bulk of the volumes lies in the past 27 months.

Thanks for the chart. That's a fat volume area, alright. The recent downtrend/recovery seems to have confirmed it as support. Now once the market starts consistently climbing above it, sellers from the range will be squeezed into buying back. This should help create a positive feedback loop that progresses into a full on bull market.

There's so much bullish potential in the high time frame charts right now.