Consolidation in the BCH market continues. Our previous idea worked and the price reached the range of $257-267.
In fact, from September 2020, buyers are trying to break an important mark $372. All counterattacks by sellers are confidently neutralized. The chart shows how well the lower trend line of buyers is working.
Since November 24, consolidation has continued at a big volumes. It seems that the big players are accumulating a position before the start of a new wave of growth.
Now buyers are again trying to break the critical point. The break of this mark will quickly transfer the price of BCH to $548.
However, closing the daily candle below $372 will continue the "exciting" consolidation in the BCH market.
If you like to trade consolidation ranges - we suggest you review our UNI idea:
______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
In fact, from September 2020, buyers are trying to break an important mark $372. All counterattacks by sellers are confidently neutralized. The chart shows how well the lower trend line of buyers is working.
Since November 24, consolidation has continued at a big volumes. It seems that the big players are accumulating a position before the start of a new wave of growth.
Now buyers are again trying to break the critical point. The break of this mark will quickly transfer the price of BCH to $548.
However, closing the daily candle below $372 will continue the "exciting" consolidation in the BCH market.
If you like to trade consolidation ranges - we suggest you review our UNI idea:
______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
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🎁 -20% for ALL trading fees at #OKX 👇
okx.com/join/20PSTRADE
🔥 V-I-P 👉 t.me/P_S_trade_menue_bot
🔵 Telegram 👉 t.me/pstrade_eng
🤖 Trading Bot 👉 copytrading.space/en/
📞 t.me/P_S_trades 📝
okx.com/join/20PSTRADE
🔥 V-I-P 👉 t.me/P_S_trade_menue_bot
🔵 Telegram 👉 t.me/pstrade_eng
🤖 Trading Bot 👉 copytrading.space/en/
📞 t.me/P_S_trades 📝
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.