BCH Broken support trend
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Sellers broke the trend line of support. Moving Averages intersected and directed to the bottom. Most likely, the price will fall into the liquidity zone $ 210 - 214, if sellers break it, then the decrease will continue to the support level $ 200.
The price increase will be if buyers fix the price above the local resistance level $ 240.
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Sellers broke the trend line of support. Moving Averages intersected and directed to the bottom. Most likely, the price will fall into the liquidity zone $ 210 - 214, if sellers break it, then the decrease will continue to the support level $ 200.
The price increase will be if buyers fix the price above the local resistance level $ 240.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
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.
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.