Bitcoin Cash Knocking Dangerously at the Weekly Door
Hello dear crypto friends, hope you're doing well guys! ;)
BCH is currently in a wedgy/upward-moving channel, knocking dangerously at the weekly S&R door at the 450 region:
A break here could lead to 600 Dollars inside the previous EQ, giving more than 30% profit.
We had an upward moving bull flag already once, which saw a bull break with 100% profit (we basically doubled):
=> This is a rare, yet very strong form of bull flag, where the consolidation is moving upward instead of downward.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
BCH is currently in a wedgy/upward-moving channel, knocking dangerously at the weekly S&R door at the 450 region:
A break here could lead to 600 Dollars inside the previous EQ, giving more than 30% profit.
We had an upward moving bull flag already once, which saw a bull break with 100% profit (we basically doubled):
=> This is a rare, yet very strong form of bull flag, where the consolidation is moving upward instead of downward.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education & tools only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
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