KOINUSDT - Visible Range Volume ProfileWhat is the Visible Range Volume Profile Indicator?
The Visible Range Volume Profile (VRVP) indicator calculates the volume profile within the visible range of prices, making it an ideal tool for traders who want to analyze the most recent market trends.
Observations
70% of the volume was traded between $0.09~$0.55 (shown on the chart by the 2 horizontal blue lines (Volume Area High, Volume Area Low).
The biggest trading volume was between $0.09~$0.18.
On the right-hand side, you can see the VRVP indicated by green and red horizontal bars. Most of the time in this period it is quite even, besides one bar ($0.28~$0.37) that shows a much higher Value Area Up.
Personal Opinion
In my opinion, what we can see in the VRVP indicator adds weight to the theory that during these low prices, there has been massive distribution and accumulation from a few whales to the ever-growing Koinos community. This of course, is great news for the future of Koinos Blockchain!
Feel free to share your thoughts in the comments below and thanks for reading.
Koinos
KOINUSDT - Coppock Curve (Slow Waves)What is the Coppock Curve indicator?
+ Coppock, the founder of Trendex Research in San Antonio, Texas, was an economist. He had been asked by the Episcopal Church to identify buying opportunities for long-term investors. He thought market downturns were like bereavements and required a period of mourning. He asked the church bishops how long that normally took for people, their answer was 11 to 14 months and so he used those periods in his calculation.
+ The indicator is designed for use on a monthly time scale (can be effective on weekly, depending on asset). It is the sum of a 14-month rate of change and 11-month rate of change , smoothed by a 10-period weighted moving average .
+ A buy signal is generated when the indicator is below zero and turns upwards from a trough. The indicator is trend-following, and based on averages, so by its nature it doesn't pick a market bottom, but rather shows when a rally has become established.
About Koinos AMEX:KOIN :
+ fair launch via mining on Ethereum network, no VCs
+ migrated to its own layer 1 blockchain late 2022
+ completely community ran and funded
+ mined virtually via Proof of Burn (PoB)
+ the devs were the core devs from Steemit blockchain that left after Justin Sun's hostile takeover
+ the blockchain does not need to be forked in order to be upgraded due to it's modular design
Cheers! Enjoy the ride~
KOINUSDT - Classic Adam & Eve Double Bottom? This is not financial advice blah blah blah, but KOINUSDT (Koinos) looks ready to pop, finally. It's been recovering a long time (seems like it when you're looking every day anyway) and now, along with the rest of the alts, looks ready to move up once again. The last time it moved from around $0.54 to $2.29 so one could expect to exceed the last high.
About Koinos AMEX:KOIN :
+ fair launch via mining on Ethereum network, no VCs
+ migrated to its own layer 1 blockchain late 2022
+ completely community ran and funded
+ mined virtually via Proof of Burn (PoB)
+ the devs were the core devs from Steemit blockchain that left after Justin Sun's hostile takeover
+ the blockchain does not need to be forked in order to be upgraded due to it's modular design
Cheers! Enjoy the ride~