Bitcoin Cash (BCH/GBP) Key Levels Before BreakoutBitcoin Cash is currently testing a major level of resistance dating back since March, 2024. A break through this could run the price to the upside of £600+
£421 has been rejected once from the bulls already, so they are looking to retest this area back again :)
In-depth trading ideas
Bitcoin Cash (BCH/GBP) - Key Levels {April 2024}Weekly update for Bitcoin Cash (BCH/GBP), price has created and held a new Level of floor Support at: £421. Median will be in the range of £472, it appear BCH has had a wick rejection on the candle exactly at a major resistance level of: "£581".
Long term still very bullish, but expect prices to be in consolidation of the range of inbetween: £472 - £581. Any investment that you do decide to make, especially within the Median range will be a smart decision.
Target of: "£710" once bulls create a
BCH in a clear up Channel and above support, with a move up?BCH is in a rising Channel and if you look it has hit the bottom of the channel 3 times.
The last is a conformed up. It has also broken above teh red resistance in this chart and currently holding above it.
We can see a long Pin bar circled in the chart this tells me we go up from here as well to the target.
This is on no way trading advice as I am only new to this and I could be very wrong about it all.
Help me along and like my idea if you think its got merrit.
Wolf (NooB)






