Improving transaction efficiency: mastering key skills of SVP
In cryptocurrency trading, an accurate understanding of the volume distribution of each trading session can help traders gain insight into market trends and seize opportunities. The Session Volume Profile (SVP) is a very effective tool to help you identify key support and resistance areas in each trading session.
What is SVP?
SVP shows the distribution of trading volume in a specific trading period. This analysis method allows you to better understand trading activities at different prices and help identify the balance point of market forces. By understanding the distribution of trading volume in each period, you can accurately grasp the volatility of the market.