Hello dear BCH fans, traders and HODLers!
BCH just broke with a huge volume spike. We have now reached the previous highs of the equilibrium at 610, it is normal to see a reaction here from the bears. If we can break further, we have the previous resistance before the bear break on the daily at 645-650.
To the downside we have the 525-520 Daily higher Lows as clear break, should we top out at 610.
Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
BCH just broke with a huge volume spike. We have now reached the previous highs of the equilibrium at 610, it is normal to see a reaction here from the bears. If we can break further, we have the previous resistance before the bear break on the daily at 645-650.
To the downside we have the 525-520 Daily higher Lows as clear break, should we top out at 610.
Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.