BCH/USD Volume Analysis Prediction 2/8/2018
We are in balance now. If the balance goes up then a new uptrend will begin.
So if the price breaks out level 1335 and holds above, we must wait for a correction to upper/lower balance level.
On intraday chart we have a strong .
Entry point: 1352 (buy limit) after break out.
Glossary of terms
- Point of Control (P O C) – The price level for the time period with the highest traded .
- Value Area (V A) – The range of price levels in which a specified percentage of all was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
- Balance – Accumulation Area.