HEY ,SUP GUYS and Girls ! Welcome to my new analysis today ,
In last analysis that I posted for Bitcoin Cash , it wasn't able to rise up as I expected , but at least reached the first target one ( >240% long (1x)๐ฏ๐ฐ ).
So today as we can see in Weekly time frame for BCHUSD , That has reached the Demand zone , after a little consolidation can start to rise from this zone according to bars pattern , but it also depends to overall situation of crypto market and , because bitcoin has lost 20k lvl , so the altcoin subsequently can lose their support , so in the case if BCH loses the current support zone it can even see lower support Lvls.
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE! -------------------------------------------------------------------------------------------------------------------- ๐This analysis is my personal opinion ,not a financial advice ,so do your own research. ๐ if you're a fan of my analyses PLZ follow me and give a big thumbs ๐ OR drop comment ๐ฏ๐ญ
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.