today i analysis bch ust for binance perputal trade
buy @ 432$ and selling target is 584$ predict basic on trend line and fibinaci tool and moving average ribbons and rsi indicator, wait and i got profit i am so much happy, i am bigginer of crypto try to improve my skill although any correction please comment its so helpful for me in future analysis
thanks and regards
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (596.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
$BCH
Keep an eye on BCH if daily closes above 610$. Then I cant see any resistance till 733$, that would be easy 20% capital growth, with SL at 548.
BCH has no much movement in volume as well even after down trend breakout.
As we can see on the 4 hour timeframe, the price is approaching the resistance line at $ 822. If the price breaks the resistance level and consolidates behind it, there is a chance of growth to $ 1155. If the price bounces off the resistance level, it could drop to $ 500.
If you like the idea, subscribe and like it.
Good luck and big profits.
We are doing Analysis of BCHBTC on Daily Timeframe .
With the Help of trend line , I have made trend line
Support and Resistance Levels
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
