Volume BREAKS ABOVE the Zone AVERAGE $$ VOLUME TRADED <<>> ME-TARZAN TOP 40 INDEX CHART <<>> February 9 , 2019

in bitcointradingresearch โ€ขย  11 days ago

๐Ÿ’ AVERAGE $$ VOLUME TRADED HIGHER over the last 24 hr period as of this writing at 7:00 AM EST.

๐Ÿ’ AVERAGE $$ VOLUME TRADED of the top 40 Cryptocurrencies on https://coinmarketcap.com/all/views/all/

๐Ÿ’ I have put together a chart of the top 40 Cryptocurrencies listed on coinmarketcap starting on September 16 , 2018.

๐Ÿ’

All data recorded daily at 7:00 AM EST
Data information from :
https://coinmarketcap.com/all/views/all/

๐Ÿ’

BLUE LINE : Average 24hr dollar volume of the top 40 Cryptocurrencies
LEGEND $$ VOLUME : Left side of chart

๐Ÿ’

๐Ÿ’

๐Ÿ’ Highest Average 24hr dollar volume of the top 40 Cryptocurrencies : $637,430,776 was on December 21 , 2018
๐Ÿ’ Lowest Average 24hr dollar volume of the top 40 Cryptocurrencies : $198,268,498 was on October 27, 2018
๐Ÿ’ Today's Average 24hr dollar volume of the top 40 Cryptocurrencies : $586,836,206

๐Ÿ’

SUMMARY

๐Ÿ’ The Average 24hr dollar volume of the top 40 Cryptocurrencies has created a trading zone between $198,268,498 and $572,000,376 and today is trading above that zone at $586,836,206 . The Average 24hr dollar volume of the top 40 Cryptocurrencies has broken above the consolidation zone . In order for the crypto market to have a bull market this Average 24hr dollar volume of the top 40 Cryptocurrencies should trend higher on days the price increases , by trending higher above the zone on days the price increases it would show renewed interest in the Crypto markets ( IMHO ) .

The volume has broken above the zone but still needs to post a new high above the $637,430,776 high made on December 21 , 2018 . Even though the Average 24hr dollar volume of the top 40 Cryptocurrencies has not taken out this high the overnight action of breaking above the zone on price increase is very good for the crypto market going forward . (JMHO)

๐Ÿ’

DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals , opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

๐Ÿ’

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BEARS!
Sort Order: ย 
ย  ยท ย 10 days ago

thanks for new info

You have been Upvoted by @chibuzorwisdom at 100%, always use the #chibuzorwisdom tag to receive upvotes from @chibuzorwisdom

Courtesy of the @chibuzorwisdom curation trail.