BCHUSDT is displaying a potential rounding bottom formation, suggesting the formation of a cup and handle pattern upon price testing the neckline area. Our plan involves accumulating the coin towards the immediate buyback zone while focusing on the crucial demand level, currently acting as significant support.
The rounding bottom neckline is identified as a potential sell-off area, marking the beginning of a correction for the handle formation.
Subsequently, breaking above the neckline will confirm the final setup target, as indicated on the chart.
We welcome your feedback on our analysis. Your comments and likes are highly valued and appreciated.
Trade active
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Trade active
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Trade active
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The idea still in play, focus on all the point made earlier.
Trade active
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We must not lose focus, price maintain its stability above immediate buy back area.
@flypreto, only you don't know bro, CMC has declared their formula to calculate MC: Market cap = Current price x Circulating supply So you can estimate MC easily depend on future circulating supply will have. 300 billion USD like above guys said still low, must be at least 590 billion USD at the price $30000
fastprofittrader
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Possible scenario
ParabolicP
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We got it covered
Vovka25
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All in boyze
sarthak001
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Thanks
dmeyer08
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Would love an update on BCH here at 600.
dmeyer08
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@dmeyer08, would really love an update now at 470. seems to fit your analysis