sumeet007

Technical Analysis on Bitcoin Cash (BCHBTC)

Short
BITFINEX:BCHBTC   None
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.
Comment: There is a possibility of trend reversal from here as it current at major support.
Comment: *It is currently at major support level

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