BTCUSDT Volume Analysis Prediction 3/19/2018

Hi, friends.
Finally, the market returns to volatility, which was last year. This is not a mid-term upward trend yet, but there are already prerequisites for it. At the moment the market is in the zone of value of last week, which keeps it from falling. If this zone stands, we will see the upward movement to the area of 9000-9100. But if the price breaks down this support zone we will see a fall to 7700.

Trade recommendations:
Entry point: 8150-8200
Stop: 7980
Target1: 9000
Target2: 9495

Glossary of terms

• Point of Control (P O C) – The price level for the time period with the highest traded volume .
  
• Value Area (V A) – The range of price levels in which a specified percentage of all volume 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.
  
• F L - flat level.
  
• T L - trend level.
  
• Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
  

评论:

BTCUSDT update

BTC is in balance for now.
For further growth the price must to break out 7000 (poc day). Only after break out this level we can buy on retest. Also we seeing a mini consolidation just below the resistance level 8700. It's often indicates for break out.
While the price is trading above the Value Area of last week (support zone) the buyers are in safe. But if the price breaks down this area, with a high probability we will see a fall to 7700.

Trade recommendations are still active. Also I want to add one more trade signal:
Entry point: 8705 (after break out 8700)
Stop: 8590
Target1: 9000
Target2: 9300

交易结束：到达目标