Updated
Bitcoin Cash near support

Bitcoin Cash shows to be inside a descending triangle, currently near the support. A little below ($1969) we have a mid-December support that can serve as a reference, however we must be careful because the most solid support will not find until the area of $1623. Remember that these values should not be taken literally, but as areas near these prices.
It is very likely that we keep within the triangle a couple more waves, however with Bitcoin Cash we can expect almost anything.
Have a wonderful New Year!!
It is very likely that we keep within the triangle a couple more waves, however with Bitcoin Cash we can expect almost anything.
Have a wonderful New Year!!
Note
We may have a little window in this zone, let's see how it develops....Note
I have something in my eye... lol.Note
Bch lost his support and moves away from the reference zone, from my point of view this does not mean much.When Bitcoin cash explodes, it does not matter much how many resistances there are over it.
Although at this moment I have no reason to believe that I will totally lose the angle level, I will keep an eye.
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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.