Updated
BCHBTC 3H CHART BITCOIN CASH MARKET CONDITIONS
After the rally that started 8/17, BCHBTC pair found back support at 0.1385 and 0.1576 (which is 0.5 retracement).
Since this seems to be a bullish market, a break of downtrend line could lead back to ATH. However, market is in range conditions.
Consider MA20 just crossed below MA50, which is a bearish sign.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Since this seems to be a bullish market, a break of downtrend line could lead back to ATH. However, market is in range conditions.
Consider MA20 just crossed below MA50, which is a bearish sign.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Note
Pattern did not broke as expected but there seems to be a double bottom on the hourly chart
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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.