Pricing plans and indicator
What is the Volume Profile and How to use it?
Volume Profile is an advanced charting study that displays trading activity over a specified time period at specified price levels.
The study (accounting for user-defined parameters such as the number of rows and time period) plots a histogram on the chart meant to reveal dominant and/or significant price levels based on volume.
Essentially, Volume Profile takes the total volume traded at a specific price level during the specified time period and divides the total volume into either buy volume or sell volume and then makes that information easily visible to the trader.
What to look for?
We look for the candles to go from High volume Nodes (the long ones) to Low Volume Nodes (the smaller ones)
A quite note
Each screenshot below is clickable and can be enlarged for better visibility
BINANCE:ADAUSDT
Asset: Cardano
Direction: Long
Timeframe: 5 minutes
Take Profit 1 price: 0.1005
Percentage move: 1.01%