Bitcoin Accumulation Zone: Buyers vs Sellers
- 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:
Trade active
Time for a bounce?Trade closed: target reached
Time for some selling pressure?Note
It's selling time
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.