Jermx64

Jermx64

KUCOIN:BCHUSDT From the weekly perspective, I think BCH is set up to move up into a much higher range. This is indicated by the candle which attacked the solid purple level 148.73, which is a weekly break level. Attacking this confirms the breakdown of that cycle, invalidating the downtrend, and confirming the likely move up into a monthly range. But first, we...

Jermx64

Break (solid ray) Hold (dashed ray) Weekly (purple) Daily (red) This is my daily break down of our current range. We are in Bearish Territory atm but have some confirmation needed before we see move down.

Jermx64

Things played out exactly how I envisioned it. The bulls kept us just above 2.09 to close our monthly candle. Weekly fractal pattern has potential to draw out one more leg. Accumulation is happening across timeframes on 1hr and 4hr at the important monthly level of 2.09 we just closed a monthly candle above. This is probably one of the most bullish signals...