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Chibuike_Odoh
Jan 29, 2021 6:59 AM

BCHUSDT (BITCOIN CASH) - POTENTIAL BREAKOUT  Long

Bitcoin Cash / TetherUSBinance

Description

ANALYSIS 🔎
- BCHUSDT is printing a falling wedge pattern.
- This is reversal pattern.
- A bullish pattern to be precise.
- Price is testing the falling wedge's resistance.
- There's an upward breakout potential.

BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance and the horizontal resistance level (R1).

TARGETS 🎯
- Horizontal resistance level (R2).

SETUP INVALIDATION ❌
- Breakdown below the swing low support level (S1).
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