After the rally that started 8/17, BCHBTC pair found back support at 0.1385 and 0.1576 (which is 0.5 retracement).
Since this seems to be a bullish market, a break of downtrend line could lead back to ATH. However, market is in range conditions.
Consider MA20 just crossed below MA50, which is a bearish sign.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Since this seems to be a bullish market, a break of downtrend line could lead back to ATH. However, market is in range conditions.
Consider MA20 just crossed below MA50, which is a bearish sign.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Commentaire:
Pattern did not broke as expected but there seems to be a double bottom on the hourly chart