Long
BCH / BTC Falling Wedge On BCash
Possible Falling Wedge on BCash.
Would expect breakout near 50% fib that has confluence with prior swings highs. The swing highs at resistance may flip into supports which will allow the wedge the break upwards.
Target taken from the height of the wedge and applied to the projected breakout point.
Would expect breakout near 50% fib that has confluence with prior swings highs. The swing highs at resistance may flip into supports which will allow the wedge the break upwards.
Target taken from the height of the wedge and applied to the projected breakout point.
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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.