iqo

BITCOIN CASH DEPENDENCE BITCOIN

Long
iqo Updated   
BITFINEX:BCHUSD   None
POSITIVE

Moving in triangle in uptrend channel and wait for break out and fixed above resistance line – first point is resistance level (RED BOX), after small correction we will go to next fibonacci level (GREEN BOX).

IMPORTANT SYGNALS:
BTC will shows bullish scenario

NEGATIVE

We will break out triangle down and continue deep correction to the next support level.

IMPORTANT SYGNALS:
BTC will shows bearish scenario (New government regulation news)
Trade closed: stop reached

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.