[Chart] VPVR Part 2: Volume Point of Control $8,188 Now Turned Support
Part 2: Volume Point of Control $8,188 Now Turned Support (VPVR)
Entry: $8,700. Source: TradingView, Published January 27th 2020. Screenshot: March 9th 2020.
The bullish case is here:
- VPVR Point of Control, since $3K in September 2017: $8,188
- Price has closed for two consecutive weeks above this PoC
- Hash Ribbons buy signal - December 2019
- 1 & 2 Year MA bull-cross - January 2019
- Price above MA Ribbons - January 2019
- MACD bull-coss on Weekly - January 2019
DYOR.
The is continued analysis from "BLX Volume Profile Accumulation Zone $5,910 - $8,630 (January 21st 2020)", looking at the alternative VPVR perspective on Bitstamp.
Part 1: Volume Profile Accumulation Zone $5,910 - $8,630 (VPVR)
Related/Recent TA:
When to buy the dip? The next swing low: February 6th-11th 2020 - February 2019
Hash Ribbons Indicator confirms 10th buy signal in 9 years @ $7,245 - December 2019
Extrapolating 2014 Correction: Could $6,500 Be The Low For Bitcoin?, December 2019
Two & Four Year MA's Claim It's Time To Accumulate Bitcoin, December 2019
Bitcoin Is Repeating History? TA Series On Repeating Past Patterns, September-October 2019
Dragonvslinux Technical Analysis: 3 Month Graphical Review
When to buy the dip? The next swing low: February 6th-11th 2020 - February 2019
Hash Ribbons Indicator confirms 10th buy signal in 9 years @ $7,245 - December 2019
Extrapolating 2014 Correction: Could $6,500 Be The Low For Bitcoin?, December 2019
Two & Four Year MA's Claim It's Time To Accumulate Bitcoin, December 2019
Bitcoin Is Repeating History? TA Series On Repeating Past Patterns, September-October 2019
Dragonvslinux Technical Analysis: 3 Month Graphical Review