BCH is forming a local descending corridor, within which the movement is most likely to continue
We clearly see a rebound from both the upper and lower boundaries. It is also noticeable that each subsequent peak is lower than the previous one, indicating movement within the pattern
Current price: $504
Approximate contact zone at the lower boundary
If the upper boundary is broken momentarily, the pattern will be temporarily broken
More detailed analysis, additional charts, and key levels to watch are available on our site
We clearly see a rebound from both the upper and lower boundaries. It is also noticeable that each subsequent peak is lower than the previous one, indicating movement within the pattern
Current price: $504
Approximate contact zone at the lower boundary
If the upper boundary is broken momentarily, the pattern will be temporarily broken
More detailed analysis, additional charts, and key levels to watch are available on our site
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.