RATE Group | Cryptocurrency (Cardano, Golem, STEEM) News Today: Altcoin Accumulation Is Massive
64601
post-template-default,single,single-post,postid-64601,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Cryptocurrency (Cardano, Golem, STEEM) News Today: Altcoin Accumulation Is Massive

08 Oct Cryptocurrency (Cardano, Golem, STEEM) News Today: Altcoin Accumulation Is Massive

Posted at 08:54h in Cryptocurrency News by

[ad_1]

Volume Profile is displaying massive amounts of accumulation of altcoins with Bitcoin.

Size of these value areas are some of the largest in their history and have achieved those volume levels in a short amount of time.

Massive Accumulation

I think one of the biggest things that have been missed by many traders and investors is the sheer amount of volume involved at these present value areas in the altcoin markets. The charts below will show the Volume Profile. The Volume Profile is a part of VAP (Volume-At-Price Analysis) and is displayed by horizontal rows as opposed to a normal volume indicator which displays volume with vertical rows. A Volume Profile is unique because it is shown how much of something was bought and sold at a particular price – not a particular time. These rows are then described as high-volume nodes and low volume nodes. High volume nodes indicate an area…

[ad_2]

Source link

Tags:
, , , , , , , ,