BITCOIN CASH ANALYSIS. WILL THIS DEMAND HOLD?
Dear Traders, This is my Analysis on this Pair. ( Previous Analysis Linked below )
1. On the Monthly Timeframe, Price is still in a Bullish Environment.
2. On the Weekly Timeframe, Price came for a retest and there are bullish signs emerging again
3. On the Daily Timeframe, Price came for a retest of previous Supply now turned Demand.
Based on these facts, I will be monitoring Price Action on the Close of the Daily Timeframe for a Bullish Engulfing, After which we can observe the market for bullish Trading Opportunities
1. On the Monthly Timeframe, Price is still in a Bullish Environment.
2. On the Weekly Timeframe, Price came for a retest and there are bullish signs emerging again
3. On the Daily Timeframe, Price came for a retest of previous Supply now turned Demand.
Based on these facts, I will be monitoring Price Action on the Close of the Daily Timeframe for a Bullish Engulfing, After which we can observe the market for bullish Trading Opportunities
