FieryTrading

🔥 BCH Consolidation Ahead

BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
Since the initial sell-off of May this year, BCH has been trading inside a consolidation pattern. This pattern has kept BCH locked into a territory of weakness whilst other alts made new all-time highs.

For the coming weeks, I'm expecting BCH to stay inside this triangle. Hopefully we're going to see a break out by the start of next year. Assuming the overall direction of crypto is still bullish, expect a bullish break out. '

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