BCHUSD (4h): a new trend channel or a wegde ...

if we are in a new trend channel,
we could see 2000 USD.

if it is a wegde, then
breakout up: target 2400 possible
breakout down: target 1100 possible

Let's see what happens. Happy trading. :-)


See also:

Comment:

BCHUSD (1h): Wedge bottom reached. How strong is the support? Lets see.

Comment:

BCHUSD (8h): Current situation ...