Volume still in the Zone AVERAGE $$ VOLUME TRADED <<>> ME-TARZAN TOP 40 INDEX CHART <<>> January 16 , 2019steemCreated with Sketch.

in #bitcointradingresearch โ€ข 6 years ago

๐Ÿ’ AVERAGE $$ VOLUME TRADED LOWER 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.

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

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

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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 : $388,792,105

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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 again within that zone at $388,792,105. Not to worry it is not uncommon to fall back into a trading zone after breaking above it . If the Average 24hr dollar volume of the top 40 Cryptocurrencies trade back above the high of 637,430,776 sometime in the near future on an up price day this would be a very good sign that the bottom has been made in my opinion . 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 ) .

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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 .

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