Bixley

BCH/BTC Inverse H&S Symmetry

Long
BINANCE:BCHBTC   Bitcoin Cash / Bitcoin
An inverse H&S has formed on BCH/BTC, which has turned the pair quite bullish. However it is currently at its mirror H&S level, so price moves may be unexpected, or bearish. I expect this to fall as BCH/USD is currently at a strong resistance trendline.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.