thetradinghall

BCH is ready to rise from 225-252 zone

Panjang
KRAKEN:BCHUSD   Bitcoin Cash
BCH has shown since its December low a rise made of impulsive and corrective moves. This note an underlying bull trend. This one has yet more to go on the upside, as it is only in the midst of its third wave, usually the most powerful one.
Current correction shall find a floor in the 225-252 area and then a new leg up shall be triggered. Technical is oversold and momentum quite strong.

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