One day analysis of BCHUSDT

1 בפבר׳ 2022

In 15mins chart we can spot a downtrend triangle, In this type of consolidation, the ultimate direction is still going down when we are under a big downtrend. With the volume winding down from the left to the right side, It could be a good chance to sell out when this triangle is broken down. Or after breakout the downside, it should have a pullback with meager volume, while below the horizontal neckline of the triangle.