KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
Bitcoin Cash Market Breakdown - June 20th

  • Re-entry price set at $222 support

  • Why?

  • Starting March 24th, this is the start of the uptrend. The price action on BCH touched $267, couldn't break through, and is in the process of bleeding out right now to the start of the uptrend. $222

  • Let the price continue bleeding out and then make your entry, patience pays in markets like this

  • Impulsiveness will only make you lose money in the end.



The content provided is in no way shape or form financial advice and is subject to change at anytime without notice. As always please do your own research, I am not a financial advisor.

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this is great. thank you for the heads-up buddy.
+1 Reply
kyer ProjectSyndicate
@ProjectSyndicate my pleasure
We were looking at this level until it got invalidated on the 17th of June, now waiting to see some price action that provides conviction to what direction it wants to take.
This consolidation structure is still a bit indecisive imo but I like your take on things. :)

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