BCH/BTC
BCH broke upward trend-line support but immediately bought up at a key support area between 0.382-0.5 Fib.
This area of support also coincides with the 50D MA plus the previous swing Low at 0.0370 sats which resulted in the price reaction to pull back up by 10%.
I'm expecting BCH to consolidate at these current levels for the next 24 - 48 hours before another move will happen.
The overall priority remains bullish as we are scouting for weekly Higher Low to form.
BCH broke upward trend-line support but immediately bought up at a key support area between 0.382-0.5 Fib.
This area of support also coincides with the 50D MA plus the previous swing Low at 0.0370 sats which resulted in the price reaction to pull back up by 10%.
I'm expecting BCH to consolidate at these current levels for the next 24 - 48 hours before another move will happen.
The overall priority remains bullish as we are scouting for weekly Higher Low to form.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.