Short
Technical Analysis on Bitcoin Cash (BCHBTC)
A short term correction is possible till the major uptrend support
1)The major long term uptrend support is intact.
2)The immediate support is 0.12331 btc level which will be the same as the major uptrend support line. A chance of bounce back from here is highly likely.
3)The immediate resistance will be the the channel resistance.
1)The major long term uptrend support is intact.
2)The immediate support is 0.12331 btc level which will be the same as the major uptrend support line. A chance of bounce back from here is highly likely.
3)The immediate resistance will be the the channel resistance.
Note
There is a possibility of trend reversal from here as it current at major support.Note
*It is currently at major support level
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.