I've been looking at this chart for the past couple days and noticed where the two lines of support are for BCH
The 2nd line was created after the hard fork DAA
The price seems to bounce off it nicely. And I think next bounce will close out the wedge and send the price, potentially, in the direction of the nearest moon.
:)
The 2nd line was created after the hard fork DAA
The price seems to bounce off it nicely. And I think next bounce will close out the wedge and send the price, potentially, in the direction of the nearest moon.
:)
Commentaire:
Posting a new chart, As I probably shouldn't have used a small timeframe on this one. The larger time frame looks better as the lines are more accurate for the bigger picture. They Yellow Lines on the new chart will show both lines of support that have created a channel that price has been moving in since initial retracement from larger move.
