Bitcoin Cash is trading in a local range. At the same time, the price is pushing towards the lower end of the range, indicating weakness on the part of buyers and the possibility of another wave of declines. Most stop losses are at $583. If this range is breached, the price could fall and collect these stop losses and then continue to rise.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
could it be a double bottom just like BTC and ready to pump? also, it looks like it broke the squeezing curve's line?
but it is indeed a lovely chart and best and plausible case scenario with bigger double bottom
looks like it is testing resistance
InkyGrip
⋅
impressive work! thanks! 🦐👍🏻
yhosseinm07
⋅
ThanksYuriy. your idea abuot NEO?
I'm tired from hold it :)
lanehammet22
⋅
Yeah it should be a great buy in the low 500s. Very old long term support there. But patience in key. Thanks!