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OliverTrader
15 mars 2019 08:28

BCH nears decision point 

Bitcoin Cash (BCHN) / TetherBittrex

Description

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.

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.
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