BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
because of the support from the previous resistance area, people are eager to buy higher than the neckline, and it forms a new consolidation range. Normally it should be rally up soon after the retreat of breaking through the neckline, but now the consolidation range signals how people think differently about the future trend, partly because El Salvador delayed its plan to launch bitcoin bond.

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.