BCH - Re-Accumulation
Looking like BCH is in a re-accumulation
Key factors
* Decreasing Volatility and Volume
* Diminishing supply volume on tests to 600
* There is a weekly long term resistance around 490 which the price is sitting beautifully on.
I'll keep in short and sweet but if we can overcome the last supply bar on the 3rd of April it will signal bullish intent.
My game plan
* If price holds above 490 and overcomes the supply bar on 3rd April with either a strong break through resistance or no supply signatures I will open longs.
Key factors
* Decreasing Volatility and Volume
* Diminishing supply volume on tests to 600
* There is a weekly long term resistance around 490 which the price is sitting beautifully on.
I'll keep in short and sweet but if we can overcome the last supply bar on the 3rd of April it will signal bullish intent.
My game plan
* If price holds above 490 and overcomes the supply bar on 3rd April with either a strong break through resistance or no supply signatures I will open longs.
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