Bitcoin Cash rebound?
BCH/USD is trading in the red today after the yesterday's minor increase. The rate remains under selling pressure on the Daily chart. It could rebound only if the breakdown below the lower median line (lml) of the black ascending pitchfork will be invalidated and the rate will climb again within the ascending pitchfork's body.
A valid breakdown below the median line (ml) of the minor ascending pitchfork and below the 150% line will send the rate much lower.
A valid breakdown below the median line (ml) of the minor ascending pitchfork and below the 150% line will send the rate much lower.
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Disclaimer
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.