Reading the market with the terminal 4 / 12
Reading the market with the terminal · With the terminalLesson 4 of 12

Averages, volume profile and Fibonacci on the terminal's chart

Four EMAs, two VWAPs, a profile and a ladder of Fibonacci lines can fill a chart. They all answer one question — how far is the price from where trading usually happens? — and the panel's Where price is answers it in three short lines.

You will learn
  • What the EMA, VWAP and anchored VWAP lines measure
  • How to read the point of control and the value area
  • What the Fibonacci levels and Where price is add to a decision

Before you start: The Reading the chart lessons on EMAs, volume profile and VWAP help.

One question, several rulers

The MA layer draws four exponential moving averages (20, 50, 100, 200), the day's VWAP and the anchored VWAP with its bands. The VP layer draws the volume profile with its point of control and value area. The Fibonacci layer spans the dealing range of the last structure break. Each is a different average or a different "usual"; the panel's Where price is places the price against three of them.

Averages, profile, Fibonacci — the modelled week from Thursday to Sunday: four EMAs bunched together after the turn, then fanned out in order with price stretched far above the 100; the day's VWAP and price just under it; the anchored VWAP from the change of character, with price above its upper band; the profile's point of control and value area, with price above it; the Fibonacci retracements of the dealing range; and all three rows of Where price is pointing the same way.

What "far from average" means

Price above every average describes a strong move — trends live there. It is not a signal to sell. What it changes is the trade: late in a move the nearest level below is far away, so the stop is wide, and there may be nothing above to aim at. Bunched averages describe the opposite: no direction yet, and price crossing the lines means little.

Takeaways
  1. EMAs bunched: no direction yet. EMAs fanned in order with price beyond them: a trend.
  2. The VWAP restarts at 00:00 UTC; the anchored VWAP starts at an event and has bands.
  3. The value area holds 70% of the profile's volume; the point of control is its busiest price.
  4. Where price is reads all of this in three rows; far from average means a wide stop, not a top.

Open BTC in the terminal with the MA and VP layers on and read Where price is

Further reading

Education only, not financial advice · Updated 28 Oct 2026 · Data: Binance · Report a mistake