thetradinghall

BCH is ready to rise from 225-252 zone

Long
KRAKEN:BCHUSD   Bitcoin Cash
BCH has shown since its December low a rise made of impulsive and corrective moves. This note an underlying bull trend. This one has yet more to go on the upside, as it is only in the midst of its third wave, usually the most powerful one.
Current correction shall find a floor in the 225-252 area and then a new leg up shall be triggered. Technical is oversold and momentum quite strong.

The TTH team is pleased to announce the grand opening of its Slack team. You will share trading ideas with our community, improve your trading skills, benefit from live intraday technical analysis and strategies. Video sessions with TA teaching and concrete cases are on the agenda too.
Welcome bonus with a free trial
Link to the : Slack team

If you want a preview of our analyses,
follow us on Twitter
follow us on : Facebook
follow us on : LinkedIn

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.