Volume Profile shows a few LVN and total lack of volume that can support the price. Heavy top might just put more pressure on the price to go lower.
Expect to re-test previous low at 0.63 and a retrace to 0.73.
Expect to re-test previous low at 0.63 and a retrace to 0.73.
Note
Replaying last night call. Volume profile is quite useful to predict support and resistance level.
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.