Long
BCH Analysis
BCH is showing a good bullish setup, with bitstamp also announced support it's a good sign.
But still we are at a very neutral price level. Short term and long term trends are bullish but there is no bullish confirmation yet.
We had a very similar setup previously as shown in the charts, but BCH failed to breakout mainly due to BTC.
BTC is still a very critial factor, and even now its hovering around all time hights.
So unless there is a clear breakout our of the wedge we cannot confirm bullish, so lets just be hopeful and wait.
But still we are at a very neutral price level. Short term and long term trends are bullish but there is no bullish confirmation yet.
We had a very similar setup previously as shown in the charts, but BCH failed to breakout mainly due to BTC.
BTC is still a very critial factor, and even now its hovering around all time hights.
So unless there is a clear breakout our of the wedge we cannot confirm bullish, so lets just be hopeful and wait.
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.