I asked AI regarding this analysis:
In volume profile, let's say the bigger swing has the poc at higher price and lower swing has the poc at a lower price. this is 15 minute eth/usd. does price graviate towards higher volume or lower volume?
Response:
In volume profile analysis, price tends to gravitate toward areas of higher volume, specifically the Point of Control (POC), because these represent price levels where the most trading activity occurred, indicating balanced supply and demand or fair value. Lower volume areas often act as zones where price can move quickly through due to less interest or liquidity.
If a bigger swing has its POC at a higher price and a lower swing has its POC at a lower price on a 15-minute ETH/USD chart, price is generally more likely to be attracted to the higher volume areas (POCs) rather than low-volume areas. The POC acts as a magnet where buyers and sellers find equilibrium, and price may return to or consolidate near these high-volume nodes.
Thus, price generally gravitates toward higher volume levels (POC) as these signify price acceptance and fair value, while lower volume areas usually allow for faster price movements or rejections due to lower participation and interest
In volume profile, let's say the bigger swing has the poc at higher price and lower swing has the poc at a lower price. this is 15 minute eth/usd. does price graviate towards higher volume or lower volume?
Response:
In volume profile analysis, price tends to gravitate toward areas of higher volume, specifically the Point of Control (POC), because these represent price levels where the most trading activity occurred, indicating balanced supply and demand or fair value. Lower volume areas often act as zones where price can move quickly through due to less interest or liquidity.
If a bigger swing has its POC at a higher price and a lower swing has its POC at a lower price on a 15-minute ETH/USD chart, price is generally more likely to be attracted to the higher volume areas (POCs) rather than low-volume areas. The POC acts as a magnet where buyers and sellers find equilibrium, and price may return to or consolidate near these high-volume nodes.
Thus, price generally gravitates toward higher volume levels (POC) as these signify price acceptance and fair value, while lower volume areas usually allow for faster price movements or rejections due to lower participation and interest
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.