Bitcoin Accumulation Zone: Buyers vs Sellers

Updated
  • Hash Ribbons tells us to remain patient for the buy signal as capitulation continues
  • MA Ribbon suggests further downside, but price is at Weekly MA support
  • Bullish broadening wedge in the making, not yet confirmed
  • Buyers vs sellers accumulation zone in yellow


Based on the January 2020 VPVR model:

BTCUSD: Volume Profile Accumulation Zone $5,910 - $8,630
Trade active
Time for a bounce?
Trade closed: target reached
Time for some selling pressure?
Comment
It's selling time
accumulationbuyersvssellersChart PatternshashratehashribbonsTechnical IndicatorsmaribbonTrend Analysisvpvr

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