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Volume Trend Analysis on BCH (long time frame signals)

200
We just saw a fairly decent rise on BCHUSD. I was already long from a shorter time frame using our Volume Trend Advisor but wanted to show the setups on a longer time frame as well. They are just as easy to follow and as you can see, work very well. A clean entry short into the long entry just prior to the run up.

For those trading Long entry was 660.90 (My entry was 665.5 on the hourly) . Support/stall point should be seen at 686.7 and a next upper target/stall point is 771.4 I do not trade during the weekend as it can be a bit of a wash but those levels should be okay short term. Unless of course something changes in which case I will update this idea.

The Volume Trend Advisor (The red and green indications on my chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly via PM here or via our website.
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