BCHUSDT Update:
After weeks of slow movement, BCH is finally breaking above the key resistance zone—a level that has acted as a strong barrier multiple times in the past.
This breakout is significant because it aligns with multiple technical confirmations. The support trendline has held firmly, a higher low has been established, and the price has pushed upward from a well-defined area of confluence.
If this breakout sustains, there is a strong possibility of continuation toward the upper resistance zone, completing the projected wave structure. It’s important to monitor this closely, as a successful retest and follow-through could confirm the beginning of the next bullish phase.
Thank you for your precious time.
After weeks of slow movement, BCH is finally breaking above the key resistance zone—a level that has acted as a strong barrier multiple times in the past.
This breakout is significant because it aligns with multiple technical confirmations. The support trendline has held firmly, a higher low has been established, and the price has pushed upward from a well-defined area of confluence.
If this breakout sustains, there is a strong possibility of continuation toward the upper resistance zone, completing the projected wave structure. It’s important to monitor this closely, as a successful retest and follow-through could confirm the beginning of the next bullish phase.
Thank you for your precious time.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.