SABrock

SABrock

At this point, we are looking at an upward trend with support on the 12 & 26 EMA's that the bulls must hold to continue this trend. $809, $832 are still the resistance. It looks like these will get broken until Monday at the latest, but hopefully sooner. There is still major support at $738 and $716 in case the EMA's do not hold. I am still currently bullish...

SABrock

The bulls failed to push through the low 800's which resulted in a failure to complete the run to 900. This was due to the RSI being overbought. At this point, I see BCH trying to maintain support on the EMA's, but ultimately failing to $716 before making the next run up. Expect resistance around the $800 level but after an initial push through this resistance,...

SABrock

I have added the next line of resistance and from what I see, we are in a healthy consolidation with a bull flag trying to form on the hourly. If the bulls can push through the immediate resistance, an easy push up to $900 is in the cards. On any time frame shorter than the daily, the exponential (12, 26) averages are working as support. Once we can get this on...

SABrock Updated 

This is my first published chart. It is intended to show the current support and resistance levels. If you agree with it, give it a like. If not, positive criticism is appreciated.