Re: [Chart] Volume Profile Accumulation Zone $5,910 - $8,630 (VPVR)
A zoomed in view of the VPVR Year-To-Date (past 12 Months, mini bull and mini bear combined).
Shows the shorter-term volume control is around $7950, that also lines up as strong horizontal support.
Interestingly enough, Bitstamps VPVR is considerably different from BLX, showing a point of control around $8300, as opposed to $6250 level.
This is using the same 27 Month volume data from mid $3K in September 2017.
Given Bitstamp is one of the much older exchanges, to me this implies that ₿ OG's are buying at higher level than exchange averages.
Not that the volume difference is far from minor, compared to the BLX volume profile, even if within the same wide range:
Shows the shorter-term volume control is around $7950, that also lines up as strong horizontal support.
Interestingly enough, Bitstamps VPVR is considerably different from BLX, showing a point of control around $8300, as opposed to $6250 level.
This is using the same 27 Month volume data from mid $3K in September 2017.
Given Bitstamp is one of the much older exchanges, to me this implies that ₿ OG's are buying at higher level than exchange averages.
Not that the volume difference is far from minor, compared to the BLX volume profile, even if within the same wide range: