Hi All, BCH is the one of the cryptos which has broken out of long term descending trend and not it is re-testing the support (previous resistance - top blue dotted line). BCH/BCC at pivot S1 support level bouncing back. Short term TP - $533 Mid term TP - $620 Disclaimer: This is not a trade advise. But, just an idea for educational/Information...
Disclaimer: This is not a trade advise; this is for educational and informational purpose only. I hold long position in LTC. LTC is possibly forming a triple bottom which is considered a powerful reversal pattern. If the pattern hold true, and breaks out the resistance, then it could reach $113 in short-mid term. Please like and/or comment if you agree or...
BTC is trading in a tight channel for quite a while now. On 4H chart, BTC price is very close to the top side of symmetrical triangle and on balance volume is also rising. It seems like On balance Volume is about to breakout of short term downtrend and most likely it will be confirmed in next 4-8 hours, indicating bullish momentum. I will keep updating this...
LTCBTC is testing the support again. If it holds then bounce is expected and with it, it could breakout upward Potential TP in near future: 1. 60 2. 63.5 3. 67 Caution: Use tight SL - 57 Please like and comment what do you think of my analysis. Thank you and Good luck!!