BCHUSDT is displaying a potential rounding bottom formation, suggesting the formation of a cup and handle pattern upon price testing the neckline area. Our plan involves accumulating the coin towards the immediate buyback zone while focusing on the crucial demand level, currently acting as significant support.
The rounding bottom neckline is identified as a potential sell-off area, marking the beginning of a correction for the handle formation.
Subsequently, breaking above the neckline will confirm the final setup target, as indicated on the chart.
We welcome your feedback on our analysis. Your comments and likes are highly valued and appreciated.
The rounding bottom neckline is identified as a potential sell-off area, marking the beginning of a correction for the handle formation.
Subsequently, breaking above the neckline will confirm the final setup target, as indicated on the chart.
We welcome your feedback on our analysis. Your comments and likes are highly valued and appreciated.
Transaction en cours
Transaction en cours
Transaction en cours:
The idea still in play, focus on all the point made earlier.
Transaction en cours:
We must not lose focus, price maintain its stability above immediate buy back area.
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