Forex_Int

BCHUSD Saturation Rate Freed, Buyer takes over

Long
Forex_Int Aggiornato   
BITFINEX:BCHUSD   None
Previous posts have been discussed how strong sellers are forcing prices to fall sharply. Technically it has entered the saturation level, so in the next few hours until next week time will be taken over by buyer but of course zone $ 755 - $ 810 MANDATORY touched as the lowest level. Good Luck
Commento:
If 2 candles are above the green line, then the green line turns into a very strong Support direction of $ 1450.
Commento:
The next few hours will be more interesting
Commento:
The price is moving towards the target $ 1450, but if the trend line is violated then the price will fall around $ 1180.
Commento:

The trend line was finally broken and the price dropped the $ 1180 area, even exceeding the estimated $ 1120 level. But with the correction it makes me even more excited, because with the price entering the $ 1140 zone will create a powerful new trend wave 2 that will deliver to the initial target of $ 1450. BCH vs BTC battles will get heated up.
Commento:
TP1 $1450 REACHED
Trade chiuso: obiettivo raggiunto

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