Blitz_analysis

One day analysis of BCHUSDT

BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
Blitz Bull: both long-term and short-term charts show we are in the uptrend. So inevitably the market will need to overcome the previous double top thus leading a stable raise.
Blitz Bear: Since the 20th Jan's free fall now the rebound has gain back 2/3 in the peak time. If we fail to break 343 to the higher price then its likely a new round of downtrend will start.

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.