Long
BCH Possible Bullish Run
Bouncing from support, all index seems good on 4h chart, RSI has good margins. My vision is for a quite strong bullish run. Fibo levels are shown to drive target. Due to general uncertain market conditions tight control is suggested.
Trade active
We are close to a decision point, if BCH break as the index suggest the bull run will be confirmed, if the redrawn trend line would not be broken the inverted cup and handle could develop to a strong retracement. Attention for the next hours is required.Note
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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.