VOLUME

When you trade using only candlestick charts, you’re seeing what happened — but not why.
Volume Profile adds that missing piece, showing where trading activity actually took place at different price levels.
This is critical for finding true support and resistance zones.
1. What is Volume Profile?
Volume Profile is a charting tool that plots traded volume at each price level over a selected period.
Instead of showing when volume happened (like the bottom histogram), it shows where the most trades occurred.
High Volume Nodes (HVN):
Represent price levels where traders actively traded
Often act as support/resistance zones
Price tends to consolidate here
Low Volume Nodes (LVN):
Price levels with little trading activity
Often lead to fast price moves through these areas
2. Why is It So Powerful?
Most indicators lag behind price, but Volume Profile shows the true battleground where big orders are placed.
This means you’re aligning your trades with the same levels institutional traders watch.
Benefits:
✅ Identify support/resistance with high accuracy
✅ Avoid fake breakouts by watching volume levels
✅ Spot potential reversals before they happen
3. How to Use Volume Profile to Find Support & Resistance
Step 1: Apply the Volume Profile tool on your trading platform (TradingView, Binance Advanced Charts, etc.)
Step 2: Select a relevant time range (e.g., last swing high to swing low)
Step 3: Identify the Point of Control (POC) — the price level with the highest traded volume
Step 4: Mark HVNs as strong support/resistance
Step 5: Watch LVNs for potential breakout or breakdown moves
4. Practical Trading Example
Let’s say $BTC is trading at $28,500.
Volume Profile shows:
HVN at $28,000 → Strong support zone
LVN at $29,200 → If price breaks above, it could jump quickly to $30,000
By placing your stop-loss just below HVN or targeting LVN breakouts, you trade with higher probability.
5. Pro Tips for Beginners
Combine Volume Profile with candlestick patterns for stronger confirmation
Avoid using it on very small timeframes — false signals can appear
Always check overall trend before relying on volume zones
Summary:
Volume Profile isn’t just another indicator — it’s a window into market structure and trader psychology.
Master it, and you’ll trade with clarity instead of guesswork.
📍 Start applying it today and watch how your accuracy improves.
#CryptoTrading. #Volume #supportandresistance #Binance #CryptoIn401k

$BTC pressing 118.6k — Is 120k in sight or will the range reset?
1) Yesterday’s Recap – August 9, 2025
Yesterday, $BTC maintained a bullish bias after the previous breakout, but spent most of the day moving sideways under local resistance levels. On the 1H chart, momentum was moderate (RSI near mid-levels, MACD positive but flat), reflecting caution before the next move. On the 4H chart, the price held above the 115.8k area (the previous breakout from a wedge), while the prior volume spike during the breakout was replaced by declining activity — a typical “coil-up” phase before another push.
Fibonacci (swing: 112,500 → 117,600):
38.2% – 115,65250% – 115,05061.8% – 114,4481.618 extension – 120,752
Indicators (09.08 – takeaway): RSI on both 1H and 4H in a neutral-to-bullish range; MACD on 4H after a bullish crossover; volume decreasing after the breakout → consolidation with a bullish bias.
2) Current Market Situation – August 10, 2025
This morning, $BTC is testing the upper boundary of the daily range. Shorter timeframes show an attempt to break out, but the market still awaits a clear volume-driven impulse.
1H – “right now” picture:
Price: 118,182; daily high 118,655 / low 116,468.RSI: mid-50s → slight buyer advantage.MACD: positive but without strong acceleration.Volume: moderate – no breakout confirmation yet, susceptible to false moves.
4H – trend and context:
Holding above 115.6k preserves the bullish market structure.RSI: low-60s → strength still with the bulls.MACD: in positive territory, trend remains upward.Volume: lower than at breakout, typical pause before a directional move.
Fibonacci (today’s swing: 116,468 → 118,655):
38.2% – 117,82050% – 117,56261.8% – 117,3031.618 extension – ≈120,010 (practically the 120k zone)
3) Outlook and Scenarios
Bullish (continuation): Holding above 117.8k and breaking 118,655 with rising volume opens the path towards 119.5k → 120.0k (1.618).Bearish (range reset): Breaking below 117.3k (61.8% retracement of today’s swing) with clear selling pressure increases the risk of testing 117.0k–116.5k (lower boundary of today’s range).
4) LONG Setup (trend-follow)
Entry: after 1H close > 118,655 (new intraday high)Stop-loss: 117,560 (50% retracement of today’s swing)TP1: 119,500 (local impulse target)TP2: 120,000 (psychological level + 1.618 ≈ 120.01k)TP3: 120,750 (1.618 extension from larger swing 112.5k→117.6k)
Rationale: Enter “with strength” and place SL under mid-swing to limit false breakout risk; TP laddered around key zones.
5) SHORT Setup (mean-reversion)
Entry: after breaking 117,300 (61.8% of today’s swing) and closing 1H below 117.3kStop-loss: 117,820 (38.2% retracement / return to supply)TP1: 117,000 (intraday pivot)TP2: 116,500 (lower edge of daily range)TP3: 115,650 (38.2% from the larger swing – bulls’ last defense)
Rationale: Countertrend trade aiming for a move back into the range, only with candle confirmation and a rise in sell volume.
#BTCUSDC #CandleTimes #PriceAction #Fibonacci #Volume