Low-Volume Node (LVN) : 145.30 ~ 154.60Space Exploration Technologies CorpBATS:SPCXreadCrypto Hello traders! If you "Follow" us, you can always get new information quickly. Have a nice day today. ------------------------------------- Since this chart is still relatively new, the support and resistance levels marked on it have not been fully validated by price action yet. Therefore, extra caution is required when trading. Based on the price action so far, I believe that any price below 168.35 is likely to fall within a medium-to-long-term accumulation zone. A Low-Volume Node (LVN) has formed between 145.30 and 154.60 on the Volume Profile. As a result, the key question is whether price can reclaim and hold support within the 145.30–154.60 range. If the current downtrend continues, we should monitor the following Fibonacci extension levels for potential support: 1st target: Fibonacci Extension 1.618 (127.42) 2nd target: Fibonacci Extension 2.618 (102.41) Support confirmation around these areas will be important. As more time passes and additional price and volume data accumulate, indicators are gradually starting to form. The first indicator to appear is the PC HH indicator. Therefore, the short-term top is likely to be around the PC HH level at 198.98. Since the PC LL indicator has not yet formed, the short-term bottom remains undefined and volatility is still relatively high. In addition, the OBV indicator has established both a Low Line and a High Line. Therefore, we need to see whether OBV can move back above its Low Line and continue building bullish momentum. Ideally, traders should wait until OBV returns above the Low Line and then confirm support at nearby support/resistance levels before entering positions. If support is confirmed, that would be an appropriate short-term buying opportunity. Since neither the HA-Low nor HA-High indicators—which form the foundation of my trading system—have appeared on the higher timeframe chart yet, I believe it is still too early for aggressive position trading. --- Until then, trading should primarily be based on lower timeframes (1D and below), focusing on short-term/day trading opportunities. On the 15-minute chart, both the HA-Low and HA-High indicators have already formed, providing useful trading signals. A basic trading strategy would be: - Buy when price finds support around the HA-Low or DOM(-60) levels. - Take profit when price reaches the DOM(60) or HA-High levels. It is always better to trade using objective market data. Trying to predict price movements based on news, narratives, market rumors, external indexes, or unrelated market events is generally not a good approach. At the end of the day, successful trading comes down to understanding how price and volume are actually behaving in the asset you are trading. --- In my opinion, relying solely on traditional volume indicators is highly inefficient because they are often difficult to interpret correctly. Instead, I prefer using indicators that incorporate actual volume flow more effectively, such as: - OBV (On-Balance Volume) - Volume Candles Volume Candles provide a much clearer visual representation of whether current trading volume is stronger or weaker compared to previous periods. In that sense, they are significantly more efficient than traditional volume bars. One drawback of Volume Candles is that trendlines do not display very well on them. Therefore, if you rely on trendline analysis, it is better to switch back to a standard candlestick chart when drawing or monitoring trendlines. Personally, I rarely use trendlines because my core trading strategy revolves around the HA-Low and HA-High indicators. When an HA-Low appears, it suggests that the market is attempting a bullish reversal and may be forming a bottom. Therefore, if price successfully holds support near the HA-Low level, it can be considered a buying opportunity. Conversely, when an HA-High appears, it suggests that the market may be preparing for a bearish reversal and could be forming a local top. Therefore, if price encounters resistance near the HA-High level, it can be considered a selling opportunity. If price remains somewhere between HA-Low and HA-High, then market direction should simply be interpreted based on ongoing price action. I refer to a move below HA-Low as a "stair-step downtrend" and a move above HA-High as a "stair-step uptrend." A stair-step downtrend eventually forms a bottom and transitions into an uptrend. Likewise, a stair-step uptrend eventually forms a top and transitions into a downtrend. Therefore, the primary strategy is: - Build core positions around HA-Low levels. - Gradually distribute those core positions during stair-step uptrends. All other market conditions can be traded using a short-term/day trading approach. For example, after building a core position near an HA-Low level, simply holding through the entire move often means that you will end up selling most or all of that position once price reaches an HA-High level. Depending on market conditions, you may choose to take partial profits instead. If price continues to rally afterward and develops into a strong stair-step uptrend, you may regret having sold. However, that sale was still a well-executed trade because it followed a predefined trading plan. This is why it is important to separate your core position from your active trading position. While holding your core position, you should continue day trading around it to generate additional profits and potentially increase your overall coin holdings. In that sense, traders should move away from focusing solely on their average entry price. Instead, each purchase price should be managed independently. When you trade based on individual entry prices, the average entry price displayed by the exchange becomes far less important. Even if frequent trading causes your exchange-reported average cost to move closer to the current market price, there is no reason to feel pressured by it. For that reason, I strongly recommend keeping a separate record of your true core-position average entry price. --- Thank you for taking the time to read through this analysis. Wishing you all successful trades and profitable opportunities ahead.