POWR/BTC Volume Analysis Prediction 2/7/2018

Power coin made a false break down of strong supoort level 6485.
Also the price break out the trend line.
On intraday chart we have a strong bullish trend.
In summary, buy priority with a great potential.

Trade recommendation:
Entry point: 7890 (buy limit), 8602 (buy stop).
Stop: 7349
Target1: 9850
Target2: 10900
Target3: 11700

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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