Dear my friends,
As previously analyzed, I have observed BCH on the 1-hour timeframe. There is a divergence signal on the H1 timeframe, and now there is a divergence signal on the H4 timeframe as well. Additionally, there is confirmation through a reversal pin bar on the daily timeframe. By observing the volume on the H4 timeframe, it is clear that there is not enough strength to break the resistance and continue upwards.
While BTC has been increasing and undergoing a correction, BCH has been increasing without a correction, making a correction necessary at this point. I have plotted the FIBO levels for this correction. We will continue to observe how far and where BCH will correct to. Do not be greedy or fearful. I will share with you what I see.
Thank you!
As previously analyzed, I have observed BCH on the 1-hour timeframe. There is a divergence signal on the H1 timeframe, and now there is a divergence signal on the H4 timeframe as well. Additionally, there is confirmation through a reversal pin bar on the daily timeframe. By observing the volume on the H4 timeframe, it is clear that there is not enough strength to break the resistance and continue upwards.
While BTC has been increasing and undergoing a correction, BCH has been increasing without a correction, making a correction necessary at this point. I have plotted the FIBO levels for this correction. We will continue to observe how far and where BCH will correct to. Do not be greedy or fearful. I will share with you what I see.
Thank you!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.