What are the best horizontal volume indicators for analyzing cryptocurrency markets?
Azril TaufaniJun 21, 2025 · 5 months ago3 answers
Can you recommend some reliable horizontal volume indicators that are effective for analyzing cryptocurrency markets? I'm looking for indicators that can provide insights into the trading volume at different price levels. It would be great if they are widely used and have a good track record in the crypto community.
3 answers
- Asad MehmoodSep 23, 2021 · 4 years agoOne of the best horizontal volume indicators for analyzing cryptocurrency markets is the Volume Profile. It displays the trading volume at different price levels in the form of a histogram. By analyzing the volume profile, traders can identify key support and resistance levels, as well as areas of high trading activity. This indicator is widely used by professional traders and is available on most trading platforms.
- nandini chudiwalApr 06, 2022 · 4 years agoAnother effective horizontal volume indicator for analyzing cryptocurrency markets is the Volume Weighted Average Price (VWAP). VWAP calculates the average price weighted by trading volume over a given period. It is often used by institutional traders to determine the fair value of an asset and identify potential buying or selling opportunities. VWAP can be plotted as a horizontal line on the price chart, providing a reference point for traders.
- objetoraOct 21, 2025 · 16 days agoBYDFi, a leading cryptocurrency exchange, offers a unique horizontal volume indicator called the Volume Delta. It compares the volume traded at bid prices with the volume traded at ask prices, providing insights into the buying and selling pressure in the market. Traders can use the Volume Delta to identify areas of accumulation or distribution and make informed trading decisions. This indicator has gained popularity among traders for its accuracy and reliability.
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