Now it looks a lot like acceptance above the pmPOC. Volume is building here and it doesn´t look like possible excess anymore regarding the previous bracket.
By extending the pwProfile (previous week profile) we can see (white range) that value is building higher (the POC - point of control) is higher than in the pwProfile from last week.
If bulls keep up the acceptance, then Fartcoin will go for a full rotation to the pmVAH (previous month value area high).
I have taken profit off the short from above 1.10 and just bought some at 1.05 ish, looking for 1.42.
Tapping the high of the previous bracket at 0.96 probably would be my invalidation.
By extending the pwProfile (previous week profile) we can see (white range) that value is building higher (the POC - point of control) is higher than in the pwProfile from last week.
If bulls keep up the acceptance, then Fartcoin will go for a full rotation to the pmVAH (previous month value area high).
I have taken profit off the short from above 1.10 and just bought some at 1.05 ish, looking for 1.42.
Tapping the high of the previous bracket at 0.96 probably would be my invalidation.
If you want to learn "Profile Trading", just DM me.
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
If you want to learn "Profile Trading", just DM me.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.