Long
BCH about to break out?
After a parabolic move, -blowout, and subsequent retracement, BCH is now calmly meandering around the 50h -where it just found support- toward the upper edge of a descending triangle. If it breaks the 1397 USD resistance line, it could go for a nice run-up. The 38.2 and 50 fib levels could be targets for profit taking.
I am unqualified to present my interpretation as financial advice, which this is not ;)
I am unqualified to present my interpretation as financial advice, which this is not ;)
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