We can see here that BCH has been rejected from local horizontal resistance about 3 times. A solid bounce back from trend support is seen about 3 times.
Closure above support (298) will
Bearish Indication:
Bullish Indication:
Get access to full trade & Trading bot!
👇👇
Closure above support (298) will
Bearish Indication:
- Low Volume
- Possible RSI Mid Peak
- Rising Wedge (bearish pattern)
Bullish Indication:
- Possible Bullish Pennant (4h chart)
Get access to full trade & Trading bot!
👇👇