Bitcoin Cash (BCHZ18) Imminent Breakout (Up or Down?)

Dec 23, 2018

BCHZ18 is looking to breakout soon, according to the pattern we see on the chart above.

This is a symmetrical triangle and its a pattern that can broke either way.

Seeing that trading volume is decreasing and price action is being compressed a breakout will happen soon.

A break-up can lead BCHz18 straight to 0.0521 followed by 0.0546 if the first resistance can be broken.

A break to the downside, you can expect BCHZ18 to find support at 0.0448 (EMA300).

This is a neutral analysis... HIT LIKE TO SHOW YOUR SUPPORT.

Namaste.

Dec 23, 2018

Note

Breakout (UP) incoming...

Dec 23, 2018

Note

This is how we are looking now... Huge profits with leverage.

Dec 24, 2018

Note

Updated chart: