Get started
UnknownUnicorn13204076

Bitcoin Cash - Exiting a downtrend - price reversal BCH/USDT

Long
Bitcoin Cash / TetherUS (BINANCE:BCHUSDT)  
UnknownUnicorn13204076  
BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
Trend Analysis Harmonic Patterns Technical Indicators bitcoincash bchusdt uptrend bchlong bitcoincashposition cryptobch cryptotradingbch cryptotrader
7
1
trendanalysis harmonicpatterns indicator bitcoincash bchusdt uptrend bchlong bitcoincashposition cryptobch cryptotradingbch cryptotrader
The price of the coin is consolidating in a falling wedge-shaped trading range. This figure is bullish and indicates a set of positions by a major player. The confirmation will be going out of the trading range. My focus is on the global key resistance line.

Cluster analysis - large volume
Indicators - price reversal up


Break of the wedge -> exit from the trading channel -> confirmation -> continued growth in percentage. Target on the chart


Do not overestimate risks, do not trade with x10-100, be smarter and always take profits, and also move your stop loss.
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.