BCH is making a beautifull wyckoff accumulation graph. Technicals It has just broken the 200 EMA on the daily and I am expecting a pulback to that EMA or some consolidation in this area followed by a break of the consolidaition area The horizontal resistance here has been tested 5 times already, horizontal support gets weaker every time it has been tested and I believe we will break here All stops on the bottom got ran by the spring so we are ready for upside
the USD pair just broke its channel (will post below in update)
Fundamentals The Bitcoin cash halving is in 92 days and could bring some fundamental hype to the table to create some upside coingecko.com/nl/explain/bch_halving
Note
USDT graph broke out of the channel since bouncing perfectly from the 0.786 fib. I am expecting a run towards the 0.382 fib
My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios
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