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BCH

🆓Bitcoin Cash (BCH) Aug-22 #BCH $BCHBCH is moving sideways around the $650 zone and heading up to the $800 and $1100 zones. But if in the next few days it loses the $650 zone, it will fall back to the $550 zone 📈BUY 🔴Buy : 635-665$. SL if B 🔴Buy : 780-820$ if A. SL if B 📉SELL 🔴Sell : 780-820$. SL if A 🔴Sell : 1070-1130$. SL if A ♻️BACK-UP 🔵Sell : 635-665$ if B. SL if A 🔵Buy : 535-565$. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
BITCOINBitcoin was in the range 48050 - 45660 for 24 hours. Straits to 45000 are quickly redeemed, at the time of writing the review the main cryptocurrency is trading about 46400. We see on the price chart that Bitcoin has moved to a decline after it came out of the rising wedge. The bit approached its support zone at (45300 - 46300). If we break through this zone, we will move further in the range (41000 - 45000) until we move on to growth. If we can't break through the resistance and consolidate above 48000, we will start reducing. We broke through the resistance, but we could not keep at this level and began to fall, the local minimum to which reached the price of 45239. The daylight candle closed below 46000, which means that there are every chance to go to 43000 - 42000 in the near future if there is no positive. But I have already said that this situation will not last long and until the end of the month we will see a bit of 50000 or higher, and a small correction is even useful for the market. P.S. Today if Bitcoin cannot consolidate on 47000 or higher, we can go back to the levels of 45000 - 43000. Care and fixation above 47000 will return the price to the resistance zone by 48000.
by MonoCoinSignal
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