BTC is breaking out of a long term, down-trending channel @ around the $10,700 level. Major VPVR and Fibonacci levels imply there will be further resistance up until about $11,272. A break of that price level could cause a move all the way up towards the 0.618 Fibonacci level @ $14,506 in the near future.
Hello! Can you please explain how i can apply the VPVR indicator on the chart?
coin_trading
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@gfazakis, The VPVR indicator is a feature only available to those with a TradingView Pro account (a paid subscription of ~27/month). The full name of the indicator is Volume Profile Visible Range. If you'd like to learn more about it, I *highly* recommend the following tutorial: youtube.com/watch?v=vmHB1KCMpik
It is from a trader much more experienced than I, who puts out lots of excellent (free) educational content regarding crypto/FX trading.
@coin_trading, I would appreciate if you could post VPVR of the current situation.
coin_trading
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@gfazakis, I wouldn't want to risk subverting TradingView's platform & business model by doing this "explicitly". However, I just posted a new idea which might be of interest to you ;).