BCH halving run seems to be at hand.
Price is about to hit a key resistance.
Possible end of local wave, to dip soon.
$ 721.50 - 729.41 is the major resistance.
$ 575.73 - 583.29 is the first strong support.
$ 634.43 - 636.10 minor support via dual fibs.
We may blast thru, then look for retest entry.
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Price is about to hit a key resistance.
Possible end of local wave, to dip soon.
$ 721.50 - 729.41 is the major resistance.
$ 575.73 - 583.29 is the first strong support.
$ 634.43 - 636.10 minor support via dual fibs.
We may blast thru, then look for retest entry.
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Comment:
Updated h4 view:
Very possible we have a bottom.
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Very possible we have a bottom.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Zoom in (m15) and a fib in red for the dip
So this support should be pretty strong, we better bounce a bit here.
.
Zoom in more (m1) and add another red fib set for last leg down
This is only first possible support,
but we MUST see a little bounce here,
or we can not count on next support.
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