MyCryptoParadise_Nathan

BCH/USDT it shows bounce from this level and potential upward!

BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
πŸ’Ž Paradisers, the recent market dynamics surrounding #BCH have indeed been noteworthy. With a bounce from the demand area, there's momentum for BCH to continue its upward movement.

πŸ’Ž A valid bounce from this area could signal a return to upward momentum, potentially leading to a back test of our target strong resistance area.

πŸ’Ž However, if BCH fails to bounce from the demand area and instead breaks below it, this could signify a negative momentum shift, leading to continued downward movement towards the support area.

πŸ’Ž BCH must bounce from the support area and reclaim price above the demand if it intends to sustain its upward movement. Failure to do so, with a breakdown below the support, could lead to further downward movement.

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