Monfex is at your service and today we overview BCH/BTC.
After the price had plummeted to the support line, a triangle formed. Near the triangle's resistance we have MA50 , the breakdown of which will be a confirmation of a scenario to the next green resistance zones.
But there can also be an another script. By breakout the support line, you should sell BCH and consider it near the red support horizontal line.
- Supposed Trade Signal by BCH/BTC
Buy by breakout 0.028
- Take profit ~ 0.02884 && 0.03047
- Stop loss at 0.02749
- Market Cap
$4 720 995 136 USD
- Volume (24h)
$3 313 549 822 USD
- Circulating Supply
18 081 438 BCH
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This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.