BCH is approaching a critical support. Only some desperate supports below. Bounce was from Best-Possible-Bottom.
$ 222.xx is immediate support that would Ideally be held. $ 219.xx already bounced once, it may not do so again. $ 214.xx is the critical "Must Hold" zone, at all costs.
This is a follow up to my
Here is a bigger picture with .
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Punched thru the first resistance, and testing the "need test asap" zone This is a critical moment right now.
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Well we got above the "must test" zone, but fell back below, and just got rejected exactly at the top boundary of that zone. This is not a good sign, because exactly reactions like that tend to continue. Lets see if bulls can hold the $225.30 line