BTC/USD Chart Based on Volume Profile

This is my first public idea and my first time using volume profile (which i am still learning until now).
So please correct me if i made mistake.

The resistance which is on purple line (8391) is placed based on LVN (low volume node), which is also previous high on 15 & 16 April.
If the price goes above the purple line, the price should go higher.
If the price can't go above purple line, the price should go to VA (7887 - 8197).

Stop loss may be placed on red line (7730), which is a little bit below LVN.
Which means if the price goes below red line, it should go down more.

Any comment is really appreciated.

Thank you.

Comentário:

So the price passed LVN in 8308. And the candle seems to "skip" the LVN.
I will see further update based on volume profile.

Comentário:

So price went higher than 8400 which was LVN area, and the price jumps to 8500.
New volume profile is made.

This is very interesting.