Bitcoin Cash corrected 88.50% from its All Time High 4100$

Updated

Bitcoin cash corrected 88.50% from its All Time High 4100$. Going under a falling wedge from May/2018. Now immediate resistance at 528$ and support at 48$ then 470$ if break we can see BCH at 400 to 415$ level. On previous swing high of BCH at 660$ 50 day MA worked as resistance. Trading at this level is very risky until more confirmation of price movement . At this time Bears are Stronger.

Note

cryptocurrency correct between 70 to 95% from its all time high then it finds bottom. BCH corrected 88.50% till now. it may correct up to 90% or even more. 90% correction will push down the price to $400. There is a support at 400$.

Note

As told on this post BCH successfully holding the support of 470$. But needs to see more times what happens.

Order cancelled

BCH still Holding the support of 470$ if Price do not go up from here soon it will break the support 470$ then 440$ will be the next support

Trade active

BCH still holding the support of 470$ if price do not go up from here soon it will break the support of 470$ then 440$ will be the next support.

Trade active

Now next support is 398.2$

Note

If you followed my idea then you are in profit now.

Trade closed: stop reached

Holding the support of $440 as I told you earlier

Trade active

415$ is the next support for Bitcoin Cash

Note

After 415$ , 398$

Trade closed: target reached

$415 Target reached

Note

MANABTC

UnknownUnicorn3470358

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