3600 profit level was reached, like i predicted, but now, as we see, resistance is not going down without a fight to 4600. The chart is simple enough for everyone to understand so I won't go into detail.
If you like my analysis, don't forget to follow.
I'll try to answer all questions as fast as possible.
Good luck trading!
If you like my analysis, don't forget to follow.
I'll try to answer all questions as fast as possible.
Good luck trading!
Note
Everyone who wants to invest in bch.(it's a risky trade)Buy orders should be placed on the bottom trendline.
Profit goal - 4600.
Stop - 2500.
Note
Update:We can expect a drop to 3200, has good support there. The trend is that Bch goes up in price when bitcoin is droping and vice versa, looking at bitcoin now, it's bearish, so expect a pump coming to bch soon.
Note
Update:Bch went to 3200 and bounced back like i said it would. 3600 resistance is back again and so far it's looking like it will try to overcome it again ( if btc won't go bullish).
Buy orders - 3200-3300.
Profit - 3600, 4600(goal).
Stop - 2500.
Good luck trading!
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.
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.