Bitcoin Cash (BCHBTC) did great recently but it seems that momentum on the side of the bulls is being lost.
Right now we can see volume going lower and a failed attempt at moving higher.
A potential drop is now in place and MA200/EMA200 is likely to be tested as support. MA200 is sitting at 0.039586.
Conditions for change
As long as prices are trading above EMA10 we remain bullish... If prices start to move higher and break the last high on good strength and volume, then BCHBTC is likely to continue to grow, but watch out for fake breakouts, since the signals are pointing to a retrace.
Thanks for reading.
Namaste.
Right now we can see volume going lower and a failed attempt at moving higher.
A potential drop is now in place and MA200/EMA200 is likely to be tested as support. MA200 is sitting at 0.039586.
Conditions for change
As long as prices are trading above EMA10 we remain bullish... If prices start to move higher and break the last high on good strength and volume, then BCHBTC is likely to continue to grow, but watch out for fake breakouts, since the signals are pointing to a retrace.
Thanks for reading.
Namaste.
Nota
It dropped.
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💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
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🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.