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BCHUSD Saturation Rate Freed, Buyer takes over

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Previous posts have been discussed how strong sellers are forcing prices to fall sharply. Technically it has entered the saturation level, so in the next few hours until next week time will be taken over by buyer but of course zone $ 755 - $ 810 MANDATORY touched as the lowest level. Good Luck
Note
If 2 candles are above the green line, then the green line turns into a very strong Support direction of $ 1450.
Note
snapshot The next few hours will be more interesting
Note
snapshot The price is moving towards the target $ 1450, but if the trend line is violated then the price will fall around $ 1180.
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snapshot

The trend line was finally broken and the price dropped the $ 1180 area, even exceeding the estimated $ 1120 level. But with the correction it makes me even more excited, because with the price entering the $ 1140 zone will create a powerful new trend wave 2 that will deliver to the initial target of $ 1450. BCH vs BTC battles will get heated up.
Note
TP1 $1450 REACHED
Trade closed: target reached
Forex_Int
Also on:
BCHUSDCryptocurrencyideasTrend Analysis

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BCHUSDCryptocurrencyideasTrend Analysis
Forex_Int
Also on:

Related publications

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.