It looks like BCH could be ready for a big move in the next few days.
Price moving into the apex of a triangle and sitting between the 50EMA and 50MA.
Looking for a high volume break either side of this pattern.
Price moving into the apex of a triangle and sitting between the 50EMA and 50MA.
Looking for a high volume break either side of this pattern.
Commentaire:
Price has nicely broken through the top of the triangle with increased volume. Currently attempting to break through the next overhead resistance between $144-$147. If unable to do so in the short term we could see it drop back to the $135-$136 area to retest the former resistance as a support, before further moves up.