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Volume profile indicates support and resistance areas

Volume profile indicates support and resistance areas

Volume profile indicates support and resistance areas

Volume profile indicates support and resistance areas

BTC/USD COINBASE:BTCUSD
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Volume profile indicates support and resistance areas

Volume by price indicator has been beneficial in showing areas that Bitcoin runs seem to burnout. Every time bitcoin pushes past the high volume areas of 43,000, price is not able to hold in the lower volume price area around 45,000. A lot more historical volume between 36-39000 where support has been found lately. Not sure what way this will break, thought this might help someone

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