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Today i present a short analysis on BCH - the idea should be easy to follow by the chart so I will keep it short.
- It seems like BCH is forming a IHS (inverted - )
- The IHS is located inside a .
- RSI is in territory on 1D, we have room to make another move up.
On the chart you can see my expectations.
I have 1 target for the smaller time frame (1) which i expect us to correct from,
and later i see us reaching my second target (2).
I hope you enjoy,
Please comment if you like.
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