How to Use Volume Profile (FRVP) for Better Entries
Lengthy video I know but thought with current $btc price action it would be relevant to share how I use this tool as a key part of my trading system. Enjoy.
$BTC – Another pivotal week ahead.
We saw a bounce from the exact area I highlighted, with the 1M 50 MA aligning closely with monthly support. This remains a key level to monitor, as a decisive loss of that confluence would increase the probability of further downside.
For now, the main question is how far this relief rally can extend and, more importantly, how $ALTS will respond if Bitcoin continues to squeeze higher.
“Fresh new lows likely follow” and now we have a new $BTC low.
Losing the VAL and that acceptance under was a critical moment. We will just continue making new lows until that value area is reclaimed or the downside momentum slows and we begin to consolidate and form a new value area.
We are now trading below the 1W 200 MA which could suggest more pain rather than a local low close unless swiftly reclaimed.
The monthly 50 moving average currently sits around 59.3k. That could be some hopium for some potential relief.
I’ve been very vocal in both my videos and analysis about not getting caught offside during this $BTC move.
I shared the levels where I expected downside continuation to be met, while also outlining my invalidation points should the market decide to push higher. I stated that the 80k region was a likely local top and that a move back into the 60k range was a realistic outcome.
If you take the time to go through my posts or watch my videos from the past 1–2 months, you’ll find plenty of examples supporting that view. I’m currently on holiday with my family, so I’m not going to spend time digging up every chart and post, but the analysis is all there for anyone willing to look.
As always, the focus is on following the data, respecting invalidations, and staying objective as market conditions evolve.
1) https://t.co/WHsFMKD5AI
2) https://t.co/LdJdYJkylg
3) https://t.co/YmUm29vqMz
“Fresh new lows likely follow” and now we have a new $BTC low.
Losing the VAL and that acceptance under was a critical moment. We will just continue making new lows until that value area is reclaimed or the downside momentum slows and we begin to consolidate and form a new value area.
We are now trading below the 1W 200 MA which could suggest more pain rather than a local low close unless swiftly reclaimed.
The monthly 50 moving average currently sits around 59.3k. That could be some hopium for some potential relief.
*Update*
$BTC : I am on vacation for a week from today so expect to hear less from me during then. BUT my #BTC views are simple. Whilst we hold this value area (VAL) I think we’ll continue to chop inside this range for the remainder of the week.
IF we are going to get another BIG move it’ll likely be towards the downside coming from a loss or acceptance outside this value area. Fresh new lows likely follow. Until then, like I said above, continue chopping inside this area.
Trade safe and see you soon.
Remember, in bear markets, price often spends more time moving upward than downward.
Sounds counterintuitive, right?
The reality is that downside moves tend to occur through sharp, aggressive sell-offs, followed by prolonged periods of relief rallies and consolidation. Then the cycle repeats another aggressive sell-off, another recovery phase until a true market bottom is eventually established.
If you can navigate the conditions we’re experiencing now, remain patient, and position yourself accordingly, you’ll be in a strong position when the next major opportunity presents itself.
GB.
I’ve been very vocal in both my videos and analysis about not getting caught offside during this $BTC move.
I shared the levels where I expected downside continuation to be met, while also outlining my invalidation points should the market decide to push higher. I stated that the 80k region was a likely local top and that a move back into the 60k range was a realistic outcome.
If you take the time to go through my posts or watch my videos from the past 1–2 months, you’ll find plenty of examples supporting that view. I’m currently on holiday with my family, so I’m not going to spend time digging up every chart and post, but the analysis is all there for anyone willing to look.
As always, the focus is on following the data, respecting invalidations, and staying objective as market conditions evolve.
1) https://t.co/WHsFMKD5AI
2) https://t.co/LdJdYJkylg
3) https://t.co/YmUm29vqMz
$BTC
I’ve remained open to price trading towards the Daily 200 EMA, and potentially the Yearly Open. However, this does not alter my broader directional bias.
Higher timeframes (Daily, Weekly, Monthly) continues to suggest this is a bear market rally rather than a confirmed reversal.
For that to change, I would need to see clear acceptance above the Monthly 12/21 EMAs.
HTF Plan:
• Exercise caution at the Daily 200 EMA
• Acceptance above then I’m open to continuation towards the Yearly Open
• Rejection then likely formation of a lower high
Bull case: If we see a successful retest and hold of the Monthly 12/21 EMAs (currently 82.3k–84k), I would then anticipate another test of the Yearly Open. Sustained acceptance above these EMAs especially the Yearly Open, this would shift my bias towards the low being established. At present, price action does not yet support that conclusion.
Bear case:
Price may break above the Daily 200 EMA and the Monthly 12/21 EMAs, but fail to reclaim the Yearly Open. A subsequent move lower, losing those key levels, would suggest this was a deviation increasing the likelihood of the macro low forming later in the year rather than at current levels.
#btc
*Update*
$BTC : I am on vacation for a week from today so expect to hear less from me during then. BUT my #BTC views are simple. Whilst we hold this value area (VAL) I think we’ll continue to chop inside this range for the remainder of the week.
IF we are going to get another BIG move it’ll likely be towards the downside coming from a loss or acceptance outside this value area. Fresh new lows likely follow. Until then, like I said above, continue chopping inside this area.
Trade safe and see you soon.
$BTC - Maybe some early signs (H1) of potential relief.
Tapped and held VAL ✔️
Reclaiming POC ✔️
Back above 12 EMA ✔️
Next step would be a few candle closures above the 21 EMA. If we get a crossover that’s even more confluence.
Maybe look to trade back to the VAH (75.3k) but it’ll take time, it won’t be in a straight line either. Let’s see. #btc
First $BTC target close (POC) 66.9k.
Looking at current PA and looking at current liquidity looks like we’ll probably bleed straight through.
If that’s the case then I’d be looking at the VAL for next target currently around 65.6k.
But first let’s see what reaction we get at the POC.
Countertrend rallies are normal in bear markets. They always last long enough to truly convince the bulls that "this time is different."
Bitcoin tends to be weak in midterm years, and no amount of mental gymnastics changes that.
I’d remain very cautious trading $BTC and $ALTS at current levels.
Price action continues to look heavily supported, almost as if market makers are attempting to sustain price long enough to build upside liquidity only to eventually take that liquidity and rotate price lower.
Given the broader macro environment, midterms, and ongoing bear market conditions, I currently struggle to see a convincing scenario where price reclaims the 200 MA and sustains a meaningful move higher.
We’re now trading just above a critical support level while already sitting below the monthly open. Under normal market conditions, a larger downside move would appear necessary here. Instead, price continues to feel artificially supported while liquidity is built overhead.
We’ve already seen rejection and deviation above several major key levels, and price is now trading back below all of them which, in my view, weakens the bullish case significantly. #btc