Magic of volume profile

in cryptocurrency •  7 years ago 

Magic of volume profile.. the low was strong,, the high at 9000 was weak. which portends the high to be broken and she did..

posted a while ago.. but here it is again. compare the volume taper on the low,vs the high.. (note this was created from the high on the 12th,, and the low on the 13th.

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another magical thing about VP is that when price tests a previous profile/consolidation area. it often tags the most traded price, called the VPOC or VOlume Point Of Control

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