BCH nears decision point
Updated
It looks like BCH could be ready for a big move in the next few days.
Price moving into the apex of a triangle and sitting between the 50EMA and 50MA.
Looking for a high volume break either side of this pattern.
Price moving into the apex of a triangle and sitting between the 50EMA and 50MA.
Looking for a high volume break either side of this pattern.
Note
Price has nicely broken through the top of the triangle with increased volume. Currently attempting to break through the next overhead resistance between $144-$147. If unable to do so in the short term we could see it drop back to the $135-$136 area to retest the former resistance as a support, before further moves up.
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