Bank Nifty Key Levels for the First 10 Days of March### **Bank Nifty Key Levels and Market Outlook for the First 10 Days of March**
**Current Position:**
Bank Nifty is currently trading near a significant support level at **48,300**. If this level is breached, the index may move toward the **47,750–47,500 range**.
**Potential Upside:**
If Bank Nifty holds above **48,300**, it could test the **48,750–48,900 zone**. A sustained breakout above this range might push it further towards **49,125 and 49,500**.
### **Market Observations (For Learning Purposes Only):**
- **In a bearish scenario**, if Bank Nifty moves below **48,300**, it may decline toward **47,750**, with a logical risk management approach considering a stop-loss slightly above the breakdown level.
- **In a bullish scenario**, if the index remains above **48,300**, it could aim for **48,750–48,900**, where market participants often consider trailing stop-loss strategies to manage risk.
This analysis is intended purely for educational purposes and should not be considered as financial advice.
Volume
BITCOIN Technical analysis - This price action is familiar!See for yourself.
Since Apr 24 we had red UMVD and market went sideways. This is exactly what's happening right now. We have RED UMVD after a new high and now we just had first bounce from the bottom Green TrapZone. No Longs till we get fresh GREEN UMVD.
Small size plays only till, buy the bottom and sell the tops with this red UMVD.
Will post the hourly for close up next. Happy trading and stay safe, dear snowflakes!
BankNifty Technical analysis - Mar 3 2025RED UMVD flashed warning sign back in Oct. I hope some of you were able to use this signal to cash out.
Bars are red and we are approaching immediate support again, lets see how it handles.
As long as UMVD is Red , I wouldn't buy. TrapZone has thinned now and market will most likely get volatile and sideways, unless we enter another wave of selloff. In that case we will see Red TrapZone and all hell will break. lol
will post an hourly for short term players.
TAO/USDTBittensor ( BYBIT:TAOUSDT.P ) is a decentralized network that merges blockchain technology with AI, enabling a peer-to-peer marketplace for machine learning models. Launched in 2021, TAO has quickly gained traction for its innovative approach. The project operates with a capped supply, ensuring transparency and fair distribution of rewards. As of now, TAO trades at approximately $319, with a market capitalization of $4.09 billion and a circulating supply of 7.38 million tokens.
Bittensor (TAO) is currently trading within a downward channel. Before any potential upward movement, a retest of the $300 level is likely. Once the price reclaims the range, the next target stands at $420, where an unchecked VWAP awaits. The following key technical level is positioned at $520. In green higlited areas are untested VWAP.
On the bottom of chart you see super Q indicator.
Description
ZenAlgo - Q is an oscillator based on the QQE (Quantitative Qualitative Estimation) method. This version incorporates refinements for additional visualization and interpretation options. It is designed to help traders observe momentum changes and divergence patterns in price movements.
DUFU - Small spinning tops after a large bearish candle ?DUFU - CURRENT PRICE : RM1.33
DUFU is in a downtrend as the highs and lows are getting lower since JULY 2024.
However, I expect that the bottom may reached since there was a small spinning tops candle appear after a large bearish candle. This spinning tops candle session was traded in high volume indicating that buyers are strong enough to overcome selling pressure.
I would aggressively buy if price the share price moves above the spinning tops real body. In this case, if the share price moves above RM1.34 , I would buy on price RM1.35 - RM1.40.
Target price will be RM1.49 (the high of large bearish candle) and RM1.58. At this level, my stop loss will be the low of the spinning tops candle - RM1.29. This scenario gives an attractive RISK to REWARD ratio.
Then if the stock manages to move above RM1.58 , I would reentry and set a target price of RM1.70. At this point, my stop loss will be RM1.49.
ENTRY PRICE : RM1.35 - RM1.40
TARGET PRICE : RM1.49 and RM1.58
STOP LOSS : RM1.29
If price breaks above RM1.58 , then reentry.
ENTRY PRICE : RM1.59
TARGET PRICE : RM1.70
STOP LOSS : RM1.49
TAYOR !
POPCATUSDT is setting up for a potential long opportunity!
🚀 The price BINANCE:POPCATUSDT.P is testing a critical support level at 0.2056 USDT , and if bulls hold, we could see a strong upward push.
🔑 Key Levels:
Support:
- 0.2056 USDT – Key support, maintaining the trend.
- 0.2010 USDT – Deep liquidity zone for potential wicks.
Resistance:
- 0.2200 USDT – Short-term target for scalpers.
- 0.2774 USDT – Major resistance; breaking above could trigger a rally.
🚀 Trading Strategy:
Long Entry: On a clear bounce from 0.2056 USDT with volume confirmation.
Stop-Loss: Below 0.2010 USDT to avoid liquidity grabs.
Profit Targets:
- 0.2200 USDT – First take-profit for quick gains.
- 0.2500 USDT – Solid mid-term target.
- 0.2774 USDT – Full extension if momentum builds.
📊 Technical Outlook:
- The trend remains bullish as long as support holds.
- Increased volume at support suggests whale accumulation.
- A break below 0.2010 USDT may invalidate the bullish setup.
💡 What to Watch?
- Volume spikes = strong bullish interest.
- Retest of support with a strong bounce = long entry signal.
- Manage risk and avoid FOMO!
EUR/USD - The Strongest S/R zonesThis day trading analysis will demonstrate how to utilize Volume Profile & Price Action Analysis to identify strong institutional support levels on EUR/USD.
A strong Support zone is located near 1.03760, where a notable rejection of lower prices is observed.
The Resistance zone is near 1.04760, where the first strongest volume cluster can be observed as Bitcoin moves lower.
Happy trading
Dale
ES - Day Trading Analysis With Volume ProfileOn ES , it's nice to see a strong buying reaction at the price of 5882.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
(FVG) - Fair Value GAP and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
BTC. Weekly Candle Hints at New ATHHey traders and investors!
The closing of the weekly candle increases the likelihood of updating the all-time high (ATH).
Weekly Timeframe Analysis
On the weekly chart, the price has formed a range with boundaries:
Lower boundary: 89,256
Upper boundary: 109,588
The weekly candle with a large selling wick within the seller's vector 5-6 dropped below the lower boundary of the range (89,256) but closed above this level. At the same time, this candle had the highest volume in 2025 (!).
The key volume of this candle is concentrated below 89,256 (!) in the 87,000-84,000 range (highlighted by a blue band on the chart).
Another important fact is that the 87,000-84,000 range is within the key candle of the penultimate buyer's impulse on the weekly timeframe (!). This candle had an even larger volume (KC on the chart), which increases the significance of this zone.
The price has reached the level of 50% (78676) of the last impulse on the monthly TF (!).
4 key signals (!) indicate a higher probability of updating the ATH: the candle closing above 89,256, the concentration of volume in the 87,000-84,000 range, and the presence of even greater volume in the key candle of the previous impulse.
Within the range, the current buyer's vector is 6-7, with potential targets at 99,550, 102,500, and 109,588.
To refine entry points, let's analyze the hourly timeframe.
Hourly Timeframe Analysis
The hourly chart shows a strong buyer impulse. The key candle (KC on the chart) is highlighted on the chart. The priority zone for identifying buy patterns is within the key candle range or near 50% of the buyer's impulse, as this level often serves as a support point after a strong movement. It represents a balance between buyers and sellers, where major market participants may show interest in continuing the trend, which corresponds to the 91,200 – 85,100 range (marked with a rectangle on the chart).
I wish you profitable trades!
Largest Dark Pool Sweep Order Since 2023...On a ranked scale since inception, there was a relatively small DP sweep order ranked #58
Price purchased at $63.90.
The reason why its so substantial is that it was the largest trade made since 2023 when the stock found major support at levels we are still consolidating in to this day.
The even bigger reason on why this means we are most likely bottoming for the last time is that the #58 trade was a DP SWEEP. Meaning they bought the stock at market value to fill it as fast as possible.
They did not set a limit order and wait patiently.
AMZN Trade Plan Looking for buy opportunities on AMZN at key levels:
✅ Entry Points: 211 - 203 - 190
🎯 Profit Targets: 218 - 227 - 241
Stick to the plan, manage your risk, and let the trade play out! 📊📈
⚠️ Disclaimer: This is for informational purposes only and not financial advice. Always do your own research and trade responsibly! 💡
USDT the big rebound - The Rise from the Ashesin my newest finding i will tell you about USDT rise from the Ashes
as you can see we build a very volume heavy low
corresponding to a low in March and a really good rebound is about to happen
be prepared for heavy downturns in the crypto market
as always, just my opinion and looking for ppl who share thougths on it
no trading advice
ORDI will likely go to the pmVAL I took a short at the golden pocket, because sell pressure came in. This was shown by 30 min one time framing. The upside move and retest of the 0.5 fib normally looks bullish to me and in the past I would be only in long mode since 30 min otf from the 0.5 fib. In this case I wanted to actively counter trade the bulls from higher prices and the setup was given. So as mentioned before, the upside move with the claim of the pmPOC looks bullish, but while losing it to perform the bullish backtest, it becomes a bearish move aswell. The loss of the pmPOC (to perform the bullish retest) offers a failure to rotate scenario (FTR). In this case the liquidity at the origin of the move is the target. I have marked it on the chart as FTR draw at 10.343. Whenever the price claims a POC, it could continue a lot before it performs the retest. So ideally the retest would still happen above the POC (bullish case). Then bulls are a lot in favor, but we can often see the POC claim quickly followed by a loss, giving a 50 / 50 chance for bears and bulls, two setups at the same time. So why am I more bearish than bullish on this one? If you look at the freshest pwProfile, which is the only relevant for the current price action, then you can see that the price got rejected by the POC (reversion to the mean, then the auction process started again and bears stepped in) and then again the more local retest (where I took the short) happened from the low volume area of that profile. If bulls would be strong, then they would manage to get through the low volume area at least to the POC and ideally above. Well, they didn´t. That was another sign of weakness for me. So locally bears are in favor and if you check the 4 hr chart, below are some singleprints, fvg whatever you want to call it. That is interesting liquidity which isn´t given locally above. That´s another bearish factor here. Now let´s think about the previous month profile. The whole price action down here is rather below the POC than above. Yes an attempt with a claim of the POC could be bullish, but all the claims above where short lived indicating that it was only a liquidity hunt - not too bullish. It fell back below and spend here most of the time. That is accumulation below the POC which is also rather bearish. I have checked these liquidity hunts above and all of them rejected a low volume area of the pmProfile. It isn´t even the LVN (low volume node) of the profile. If bulls would be in control, they would easily slip through the low volume area and flip it to support. They didn´t multiple times. What do we have below? Singleprints offering interesting liquidity, the frontran pmVAL offering liquidity and below (check the 4 hr or daily chart) are singleprints aswell, offering liquidity once again. All these things are much more bearish than bullish so I decided to not stick to the potential bullish setup off the 0.5 fib. That´s why I have decided to take the short. First target is the FTR draw but the main target is the pmVAL to finish the bearish rotation. The bearish setup remains valid as long as bulls can not claim the pmPOC, hold it, form higher lows above locally as first signs of strength. That´s why the swing high at 13.110 is my invalidation. Btw: As mentioned before, the loss of the pmPOC (to perform the bullish retest) offers a FTR scenario. So does the pwProfile now because the price is unable to fully rotate it (obviously because of the rejection). Both profiles confirmed a FTR which is bearish.
The next move for Nifty (2 trades for me)Nifty is undergoing a good correction. The retracement may go deeper if we fail to respect the Rejection block level.
There are 2 trades.
The first one will get triggered at the rejection block for a small pullback to gaps (imbalances).
The second trade is tentative and will depend on market reaction
How to Use the VRVP Tool – A Complete Guide for All TradersThe Visible Range Volume Profile (VRVP) is a powerful tool on TradingView that helps traders identify key price levels where significant trading activity has occurred. It offers a unique view of market structure by highlighting the volume traded at specific price points within the visible range of the chart. Understanding how to effectively use the VRVP can significantly improve your ability to identify important support and resistance levels, spot potential breakouts, and make better trading decisions. This comprehensive guide will take you through everything you need to know about the VRVP tool, including its features, setup, and how to use it in your trading strategy.
What is the VRVP Tool?
The VRVP (Visible Range Volume Profile) is a technical analysis indicator that shows the distribution of trading volume at different price levels within the visible range of your chart. Unlike traditional volume indicators, which show volume over time, the VRVP focuses on volume by price, allowing you to see where buyers and sellers have been most active. It is displayed as a horizontal histogram along the side of the price chart, with high-volume areas indicating key support or resistance levels and low-volume areas often signaling potential breakout points.
Why is the VRVP Tool Important?
The VRVP tool provides several benefits to traders, regardless of their experience level:
Identify Key Support and Resistance Levels: High volume nodes (HVNs) often act as strong support or resistance zones where price tends to stall or reverse.
Spot High and Low Liquidity Areas: Low volume nodes (LVNs) can highlight areas where price may move more quickly due to the lack of market participants.
Predict Breakouts and Reversals: By identifying volume concentration, you can anticipate areas where price may break out or reverse.
Confirm Trends: By analyzing the Point of Control (POC), you can determine the market’s prevailing trend.
Refine Entry and Exit Points: By combining the VRVP with other tools, you can pinpoint optimal entry and exit points for trades.
How to Add the VRVP Tool on TradingView
To start using the VRVP tool on TradingView, follow these steps:
Open your TradingView chart.
Click on the “Indicators” button at the top of the screen.
Search for "VRVP" or "Visible Range Volume Profile" in the search bar.
Click to apply it to your chart.
Adjust the settings by clicking on the gear icon next to the indicator name.
Recommended Settings:
Row Size: Set between 150-250 for more detail (more rows provide more granularity).
Volume Area (%): Set to 70% to highlight where most trading activity has occurred.
Color Up/Down: Choose contrasting colors for buying and selling, making it easy to distinguish between bullish and bearish zones.
Point of Control (POC): Enable this to highlight the price level with the highest volume.
How to Read the VRVP Tool
The VRVP tool consists of three key components:
High Volume Nodes (HVN): These are price levels where a lot of trading activity has occurred. They often act as strong support or resistance, and the price may bounce off these levels multiple times.
Low Volume Nodes (LVN): These are areas with little trading activity. Prices tend to move quickly through these zones as there are fewer market participants. They often indicate potential breakout or breakdown points.
VAL and VAH
VAH (Value Area High)
Definition: The VAH is the price level at the upper boundary of the Value Area. The Value Area represents the range where a set percentage (usually 70%) of all trading volume has occurred within the visible range.
Significance: The VAH is the price point at which the volume profile starts to show less concentration of volume. It is a level above which price has shown less activity compared to the Value Area. When price approaches or breaks through the VAH, it often signals potential resistance and could be a critical level to watch for a reversal or continuation.
VAL (Value Area Low)
Definition: The VAL is the price level at the lower boundary of the Value Area. It represents the lowest price point where around 70% of all the trading volume has occurred within the visible chart range.
Significance: The VAL is a key support level, as it marks the price level where most trading volume has taken place on the downside. A price approaching or breaking below the VAL can signal potential support or a breakdown, indicating where buyers and sellers are actively engaging.
How VAH and VAL Work Together
Value Area: Together, the VAH and VAL define the Value Area, which contains the range of price levels where the majority of trading volume took place. In a healthy market, the price tends to stay within this area. If price breaks out of the Value Area, it could indicate the start of a strong price move in that direction (either upward or downward).
Relevance in Trading: The VAH and VAL act as key levels for traders to monitor:
Above VAH: Price moving above the VAH suggests bullish sentiment, with the next resistance potentially forming above the VAH.
Below VAL: Price moving below the VAL suggests bearish sentiment, with the next support potentially forming below the VAL.
Example of the VAL and VAH:
Point of Control (POC):
This is the price level with the highest trading volume within the visible range. The POC is often used as a key reference point for future price movements. If the price is trading above the POC, it suggests bullish market sentiment; if below, it suggests bearish sentiment.
Example of the POC level:
How to Use the VRVP Tool in Trading
Identifying Support and Resistance Levels
High Volume Nodes (HVNs): These levels often act as support or resistance. When price approaches an HVN, it is likely to either reverse or consolidate before moving further. If the price is above an HVN, that level may act as support, while if it's below, the level may act as resistance.
Spotting Breakout Zones
Low Volume Nodes (LVNs): These are areas where price can break out or move rapidly due to the lack of significant trading activity. If price enters an LVN, it may continue moving in the direction of the breakout with minimal resistance.
Using the Point of Control (POC)
The POC acts as a market balance point where the most volume has been traded. If the price is trading above the POC, it signals a bullish market trend, and if below, it signals a bearish trend. Watching the POC can help you gauge the overall market sentiment and potential future price movements.
here is another example of the POC
Confirmation with Other Indicators
To increase the accuracy of your trades, combine the VRVP with other technical indicators such as:
Moving Averages (MA): These help confirm the trend direction and potential reversals.
Relative Strength Index (RSI): This can identify overbought or oversold conditions, which can be used in conjunction with the VRVP to confirm price action.
Candlestick Patterns: Look for reversal or continuation patterns at key volume levels.
Trendlines: Use trendlines to confirm whether price is bouncing off or breaking through key support or resistance levels.
Example Strategy
Step 1: Use the VRVP tool to identify a high volume node (support zone).
Step 2: Check the RSI to see if the market is oversold.
Step 3: Wait for a bullish candlestick pattern (such as a bullish engulfing or hammer).
Step 4: Enter a buy trade with a stop loss placed below the low volume node, which serves as a breakout or breakdown zone.
How to Plan Trades with the VRVP
Here are some scenarios you might encounter when using the VRVP tool:
Price near HVN (Support): Buy with a stop loss placed just below the HVN, as it is likely to act as support.
Price near LVN: Wait for confirmation of a breakout or rejection before taking a position, as price may move rapidly through this area.
Price at POC: Look for reversal or breakout signals. If the price is near the POC, the market may change direction or continue in the current trend.
Price above POC: This indicates a bullish trend continuation. Look for buying opportunities.
Price below POC: This indicates a bearish trend continuation. Look for selling opportunities.
Tips for Beginners
Wait for Confirmation: Always wait for confirmation from price action, other indicators, or candlestick patterns before entering a trade.
Combine with Trend Indicators: Combine the VRVP with trend indicators such as moving averages to ensure you’re trading in the direction of the overall trend.
Use Volume Spikes: Look for volume spikes alongside the VRVP to confirm breakouts.
Practice First: Start using the VRVP tool on a demo account before risking real money to get a feel for its nuances.
Tips for Experienced Traders
Use Multiple Timeframes: Use the VRVP tool on both longer (daily) and shorter (hourly) timeframes to identify the strongest support and resistance levels.
Track the POC Shifts: Observe how the POC moves over time. An upward shift suggests a bullish market, while a downward shift suggests a bearish market.
Combine with Fibonacci Retracements: Combine the VRVP with Fibonacci retracement levels to identify confluence zones, where high volume areas coincide with Fibonacci levels, increasing the likelihood of price reactions at these levels.
Conclusion
The VRVP tool on TradingView is a versatile and powerful tool that offers valuable insights into market structure by analyzing trading volume at different price levels. By understanding how to read and use the VRVP tool, you can identify key support and resistance levels, predict potential breakouts, and refine your entry and exit strategies. Whether you’re a beginner or an experienced trader, the VRVP can be a valuable addition to your trading toolkit.
Start practicing on a demo account and gradually incorporate the VRVP tool into your strategy. With time and experience, the VRVP will help you gain a deeper understanding of market dynamics and improve your overall trading performance.
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I hope you found this guide on the VRVP tool helpful and that you’ve gained some valuable insights to improve your trading strategy. If you learned something new, don’t forget to give a like! If you have any questions or need further clarification, feel free to leave a comment below. I’d be happy to help!
BTCUSDT. We can start looking for medium-term purchases.Hey traders and investors!
Looks like price is close to downside targets as expected in the linked post.
I assume that the most capitalized coins have not yet reached their short targets (for example BTC, BNB, SOL). This means that there will probably be further price reductions.
The price has almost reached the level of 50% of the last impulse on the monthly TF.
We can start looking for medium-term purchases.
I wish you profitable trades!