LTC looks to have found a bottom. It's in a stage 1 accumulation phase with it's volume profile trending up. Idk if it'll moon but I copped a bag for a nice little swing trade.
SOPR stand for Spent Output Profit Ratio. It’s a Bitcoin on-chain metric that shows whether Bitcoin spent outputs (UTXO’s) are being realized in profit or loss. It’s calculated by dividing realized value by the value at creation (price sold / price paid). SOPR servers as a great short/mid-term indicator. Using the Glassnode BTC SOPR Toolkit , we can get insight...
Super interesting long term Bitcoin trend showing on the VDO. It goes back all the way to October. BTC is currently testing the trendline for the 9th time! Let's see how it plays out
The Volume Delta Oscillator (VDO) shows some very interesting signals when configured with a long moving average length. The chart above shows an example of how to interpret the VDO configured with a 200 day moving average. VDO Settings Timeframe - 1D MA Length - 200 MA Type - SMA
Chart describing how to interpret data from the volume delta oscillator (VDO). VDO Settings Timeframe - 1D MA Length - 10 MA Type - SMA
Bitcoin dominance chart color coded by bull/bear market, alt season events, and alt rotation events. Follow me: @JBroadway