BTCUSD – another wave of falling

BTCUSD – another wave of falling



BTCUSD is still in downtrend.
The price made a correction wave and now we expect a new wave of falling to level 7250.
If the price breakdown 7200 next supports level are 6500, 6000 and 5700.

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.

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