Mhy_
Open Trade
High-Frequency Trader
11.5 Months
Trader receh
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Don't Blame Me, Blame the Volume Profile 🏃♂️💨
$BTC Bitcoin is struggling in the 86k area. 📉
After repeatedly failing to hold in the 90k-92k zone (HVN 2 & Mid Range), that area has now officially turned into a thick supply wall.
In terms of Volume Profile, the logic is simple: rejection at the High Volume Node above usually forces the price to seek a new equilibrium below. The highest probability right now is that the price will continue to drop to test the Value Area Low (VAL) as the next demand.
Market conditions also support this scenario:
1. The global trend is still neutral-bearish.
2. Buyer momentum looks weak to reclaim 90k.
So, the most reasonable scenario is to continue being pressured downwards first before we can hope for a new *reversal* structure.
Just data, not financial advice. Stay safe!
#bitcoin #btc
#CryptoAnalysisUpdate #BearishScenarios #MarketUpdate
$BTC Bitcoin is struggling in the 86k area. 📉
After repeatedly failing to hold in the 90k-92k zone (HVN 2 & Mid Range), that area has now officially turned into a thick supply wall.
In terms of Volume Profile, the logic is simple: rejection at the High Volume Node above usually forces the price to seek a new equilibrium below. The highest probability right now is that the price will continue to drop to test the Value Area Low (VAL) as the next demand.
Market conditions also support this scenario:
1. The global trend is still neutral-bearish.
2. Buyer momentum looks weak to reclaim 90k.
So, the most reasonable scenario is to continue being pressured downwards first before we can hope for a new *reversal* structure.
Just data, not financial advice. Stay safe!
#bitcoin #btc
#CryptoAnalysisUpdate #BearishScenarios #MarketUpdate
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$PIPPIN Technically, "Structure" has started to improve after D-BOS. The current price is battling in the "Mid Range" area (0.391). Pay attention to the "volume profile"; there is a liquidity gap (LVN) above that could cause the price to run fast if the nearest "resistance" is breached.
Is there anyone who has already bought from the bottom?
Is there anyone who has already bought from the bottom?
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$NIGHT Gathering energy or preparing to dive again? 👇
Technically, the price is really respecting the level "" POC (0.05915)" after creating a new " base" above D-BOS. The volume profile indicates that this area is " fair value" for both " buyer" and " seller".
What do you all think?
🔥 Going to 0.066 (HVN 4)?
🐻 Or tumbling to 0.055 (VAH)?
Technically, the price is really respecting the level "" POC (0.05915)" after creating a new " base" above D-BOS. The volume profile indicates that this area is " fair value" for both " buyer" and " seller".
What do you all think?
🔥 Going to 0.066 (HVN 4)?
🐻 Or tumbling to 0.055 (VAH)?
$ZEC Just chilling at the Point of Control (POC). Sideways is where the real patience is tested. ☕
$ZEC The slide continues. How low can we go?
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$ZEC Are we going to $390 - $380 ?? 🤔
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$ZEC is testing "VAL" around $449.82. It needs to break and close above $490.00 to continue the rise.
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$JELLYJELLY looks quite solid for the potential continuation of the trend.
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$BTC Current Price: The price is currently just above the POC ($92,433) and still within the Value Area (between $91,555 and $93,173).
Recent Movement (Dec 11 - Dec 12):
The market initially fell sharply from $94,000 to $90,000.
Then there was a long consolidation around the $90,000 - $90,500 level.
Finally, there was a quick rise entering a new Value Area.
Balance/Strength: The current price has re-established balance around the new POC ($92,400) after the previous day's sell-off. A new Value Area has formed, indicating re-pricing and price approval at higher levels.
Recent Movement (Dec 11 - Dec 12):
The market initially fell sharply from $94,000 to $90,000.
Then there was a long consolidation around the $90,000 - $90,500 level.
Finally, there was a quick rise entering a new Value Area.
Balance/Strength: The current price has re-established balance around the new POC ($92,400) after the previous day's sell-off. A new Value Area has formed, indicating re-pricing and price approval at higher levels.
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$ZEC Good time to ???
In auction market theory, the "P-Shape" formation indicates bullish sentiment, where "short covering" or aggressive accumulation occurs at higher prices.
Confirmation Keys:
1. Price above POC: The current price (441.50) remains stable above the red line 'Point of Control" (POC) at level 436.99. As long as the price does not close below this red line, the short-term trend is very strong.
2. Higher Low Structure: After the wick down (retest), the price bounces, indicating the presence of "buying pressure" that maintains the demand area.
In auction market theory, the "P-Shape" formation indicates bullish sentiment, where "short covering" or aggressive accumulation occurs at higher prices.
Confirmation Keys:
1. Price above POC: The current price (441.50) remains stable above the red line 'Point of Control" (POC) at level 436.99. As long as the price does not close below this red line, the short-term trend is very strong.
2. Higher Low Structure: After the wick down (retest), the price bounces, indicating the presence of "buying pressure" that maintains the demand area.
$ZEC I'm looking for dips to buy, not tops to sell. The support below looks solid, and the path upward has less resistance. But of course, the market is the ultimate boss—anything can happen.
Enjoy and trade safely!
🫡
Enjoy and trade safely!
🫡
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$PIPPIN The seller remains dominant. A breakout below the VAL means further decline.
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$PIPPIN Starting to show signs of weakening.
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$PIPPIN PIPPIN just printed an aggressive increase on the 15-minute timeframe, followed by the formation of a consolidation area just above the main high volume zone on the fixed range volume profile. The thickening volume distribution in the middle of the profile indicates that the majority of transactions occurred in this area, so that level serves as a "fair value" as well as the main dynamic support for the current uptrend structure.
The yellow-blue histogram indicator on the lower panel reflects the shift in intraday buying-selling pressure; the dominance of yellow bars in the initial phase drives the main leg up, then begins to be balanced by blue bars as the market enters the balancing phase after the first impulse is completed. As long as there is no extreme selling volume spike that breaches the low value area, the base scenario remains a continuation with the potential for a further leg after this consolidation phase is completed.
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$PIPPIN The price has broken out from the long consolidation area between 0.14 – 0.15.
Currently, the candle is above the Mid-range (0.14542) →
sign of buyer dominance.
This breakout occurred with strong volume, valid.
Currently, the candle is above the Mid-range (0.14542) →
sign of buyer dominance.
This breakout occurred with strong volume, valid.
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$PIPPIN Trying to exit the Value area
$PIPPIN That was cool.
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$ZEC Let's just "speculate". If it continues to drop, we might go to $384 🤔
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$ZEC Memantul after rejection around $459
$PIPPIN
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