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barzzTradingAcademy
Apr 26, 2021 6:52 AM

BITCOIN CASH ANALYSIS. WILL THIS DEMAND HOLD? Long

Bitcoin Cash / TetherUSBinance

Description

Dear Traders, This is my Analysis on this Pair. ( Previous Analysis Linked below )

1. On the Monthly Timeframe, Price is still in a Bullish Environment.

2. On the Weekly Timeframe, Price came for a retest and there are bullish signs emerging again

3. On the Daily Timeframe, Price came for a retest of previous Supply now turned Demand.

Based on these facts, I will be monitoring Price Action on the Close of the Daily Timeframe for a Bullish Engulfing, After which we can observe the market for bullish Trading Opportunities
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