BCHUSDT Market Analysis

49
The support level has been broken with great volume. In a downtrend with the price creating a lower low, the previous low is slated to break thus 262 is not able to be a support anymore. The next support we can find in the history chart is at 237. Now the price is trying to pull back but resisted by the used to be a support but now-resistance level. It could get a chance to touch MA50 first though then go down again.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.