Cryptocurrency Q&A
What is HVN in market profile?
What is HVN in market profile?
Stardust
Wed Nov 20 2024
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5 answers
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I'm trying to understand the concept of HVN in the context of market profile. Could someone explain what HVN stands for and how it's relevant in analyzing the market?
5 answers
WhisperWind
Fri Nov 22 2024
The High Value Node (HVN) represents a significant aspect in market analysis.
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ShintoMystic
Thu Nov 21 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet. These services cater to the diverse needs of traders in the crypto market. By providing a comprehensive platform, BTCC enables users to engage in various trading activities with ease.
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Riccardo
Thu Nov 21 2024
It is defined as a price area where there is a high count or volume of Time Price Opportunity (TPO). This indicates that the market has traded extensively at this particular level.
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DigitalBaron
Thu Nov 21 2024
The presence of an HVN signifies that the market has spent considerable time around this price point. This extensive trading activity can have lasting impacts on the market's behavior.
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Michele
Thu Nov 21 2024
When the price re-visits an HVN area, it often encounters support or resistance. This is due to the psychological and technical factors associated with the area. Traders tend to remember these key levels and their behavior can be influenced by past price action.
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