This pair is starting to look good for a break out - as we are coming into some pretty solid support.
support:
23.6 fib level + Trendline + daily oversold RSI.
All it will take is a break above this inside trend-line resistance and we should see some momentum start to come in.
This will only work if BTC can hold the 6'2 level support, and make a run back towards 7k - which i am predicting will happen here.
BCH/USD - the bid is $700, TP $1200
Best of luck!
support:
23.6 fib level + Trendline + daily oversold RSI.
All it will take is a break above this inside trend-line resistance and we should see some momentum start to come in.
This will only work if BTC can hold the 6'2 level support, and make a run back towards 7k - which i am predicting will happen here.
BCH/USD - the bid is $700, TP $1200
Best of luck!
Commentaire:
BCH/USD - just starting to peak it's head out of this descending wedge - this move is just getting started. I hope you are positioned well for this!
Downtrend appearing to be getting exhausted - DC channel flattening out at the bottom, POC support + major trend-line support + daily oversold. I'm so bullish here