Hi everyone, Trading-Guru here with an analysis on Bitcoin Cash. I expect the price to keep dropping along with the parallel descending channel after the bearish signals of the strong rejections on the $280 resistance.
Furthermore, I think it's a good idea to try and short it until roughly $230 but not any lower than that. It seems that the support around that level might have a reversal for us in store, so we can pick it up after a take profit with a long position again.
Furthermore, I think it's a good idea to try and short it until roughly $230 but not any lower than that. It seems that the support around that level might have a reversal for us in store, so we can pick it up after a take profit with a long position again.
Free crypto scanner on Telegram (35k members):
t.me/CryptoScanner100eyes
t.me/CryptoScanner100eyes
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Free crypto scanner on Telegram (35k members):
t.me/CryptoScanner100eyes
t.me/CryptoScanner100eyes
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.