There seems to be an opportunity to attack a major resistance at 570. It is a strong push, but there is a window of 10 days. And in ten days in crypto, many things can happen.
510 is an important point of review. However, the most important thing is that this analysis is consistent with the possible movement of Bitcoin.
I will be very aware of how the candle of October 26th develops. That will be the final signal.
Best wishes to everyone.
Follow your own plan.
510 is an important point of review. However, the most important thing is that this analysis is consistent with the possible movement of Bitcoin.
I will be very aware of how the candle of October 26th develops. That will be the final signal.
Best wishes to everyone.
Follow your own plan.
Comment:
This candle is very important for Bitcoin, and what happens there will influence all the pairs. Let's see how it develops and how it influences BCHUSD.
Comment:
Not good so far
Comment:
The 28th arrived and we did not get any interesting reaction. This candle is the last of the sector with better conditions.
Bitcoin floats on its horizontal support but outside the protected area, increasing the chances of a fall, that creates very interesting conditions.
On the other hand, the position in Bitcoin Cash is still protected, but at the limit of support.
Nothing more to do, just wait to see how it develops.
Bitcoin floats on its horizontal support but outside the protected area, increasing the chances of a fall, that creates very interesting conditions.
On the other hand, the position in Bitcoin Cash is still protected, but at the limit of support.
Nothing more to do, just wait to see how it develops.
Trade closed: stop reached