ManishPrakash

BCH Analysis

Long
BITFINEX:BCHUSD   None
We had a very nice bull run with BCH and broke 2k resistance. But volume was not able to support the break and it fell back.

We can see in the chart, a very similar pattern which has happened previously.

I expect BCH to slow consiliated and move to 1950 level, before a breakout.

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.