From TradingView · · 50s
VWAP Bands Explain Quiet BTC Chart
VWAP bands show Bitcoin's quiet session balance on Binance.
In brief
VWAP bands show Bitcoin's quiet session balance on Binance. VWAP bands indicate Bitcoin's price stability with narrow bands meaning balanced market conditions. Originally reported by TradingView.
What is VWAP
VWAP is the average price of the session weighted by volume.
How VWAP is calculated
Typical price equals high plus low plus close divided by three.
VWAP bands definition
Bands show how far price has stretched from the average price.
Friday's VWAP example
VWAP 81,902 with 1 sigma 462 on Binance BTCUSDT 1-minute data.
Saturday's VWAP example
VWAP 81,568 with 1 sigma 51 in first six hours of trading.
Key lessons from bands
Narrow bands mean balanced market; wide bands mean price movement.
What it means
VWAP bands indicate Bitcoin's price stability with narrow bands meaning balanced market conditions.
