Nothing special, just an updated view of this chart (Daily).
Log scale used
Yellow lines are anchored VWAP
Volume Profile on the left with 70% value area lines, purple is POC
Some trendlines.
As you can see it took a while for the price to leave that big channel (red trendline)
Notice volume bars since it left the big channel, the big ones are located between 5 to 7$ , which make reflect some big money interest in this price area, but who knows what are their intentions.
Trade carefully !
Log scale used
Yellow lines are anchored VWAP
Volume Profile on the left with 70% value area lines, purple is POC
Some trendlines.
As you can see it took a while for the price to leave that big channel (red trendline)
Notice volume bars since it left the big channel, the big ones are located between 5 to 7$ , which make reflect some big money interest in this price area, but who knows what are their intentions.
Trade carefully !
Note
Weekly sorry !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.