BCH/BTC
BCH just closes the day with an engulfing bullish candle and above key resistances. Now that resistance areas are broken,
BCH has to do is to confirm this old resistance turning into new support and we can see another 10% move up before it reaches our target zone.
But we can't be overconfident even the 200MA is on our side during this uptrend, the RSI is a bit extended be prepared if in case BCH has to retest the upward trend-line support before it continues Higher High.
BCH just closes the day with an engulfing bullish candle and above key resistances. Now that resistance areas are broken,
BCH has to do is to confirm this old resistance turning into new support and we can see another 10% move up before it reaches our target zone.
But we can't be overconfident even the 200MA is on our side during this uptrend, the RSI is a bit extended be prepared if in case BCH has to retest the upward trend-line support before it continues Higher High.
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