BCH 1 day analysis

46
I see it's necessary for the market to pull up and touch the uptrend line as well as the resistance line. The current uptrend is creating higher lows and the KDJ went to a relatively low point, plus the candlestick gave us some positive signals too(bullish engulfing pattern). This candle at 8 am (UTC) is important because if it can hold within the previous candle's shadow line, it could further underpin the bull view.

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.