The white lines around it shows the developing , value area; where all the trade is happening.
The POC , point of control, shows where the very most trading took place. It's the chalk blue horizontal line
We're at the bottom of this and the only way is up!
is above 50; for me, this is a very strong indication of buyer pressure.
is flattened out: this means we are going to face a consolidation phase, but because we are at the bottom of the , this means that we are only going to go up in value.
At the moment, it looks like BTCUSD is still following its own price action line, but I am still trying to figure out why such a small run up caused alts to bleed so hard.