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blurryface_nobody
Mar 26, 2021 7:53 PM

False Breakout? Long

Bitcoin Cash / United States DollarCoinbase

Description

We were all watching with great anticipation to see which direction BCH would break out, as the signals were mixed. Though it appeared to break to the downside, the price quickly rebounded and now appears to have found support within the original formation. This false break to the downside sets things up for another attempt at breaking to the upside. What do you think?
Comments
Contastella
I agree & think you are correct in your analysis. Watching closely from here.
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