Trading @ 665 levels Daily Chart looks good Resistance @681 Prices above EMA RSI needs a breakout Stoch above 80 Watch out for further price action Support @ 645
Buy Limit 76.286 STOP: 76.093
The pair has been respecting the upper line for the past couple of weeks - watching for a break/reversal here. Still developing my trendline analysis, so any help/comments out there are very welcome
Brief analysis I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action. We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a...
BCHBTC up against a formidable resistance with sellers wiling to take profits. Price action may get rejected at short term resistance, while a retest will likely be bought for a successful penetration for new highs.
Need to break the 4000 level to keep the bulls running. Second scenario is going back to 3700 resistance level. While long overall, 4000 is a psychological barrier, so may be a few small cycles before breaking through. www.tradingview.com
top of trendline, overbought, previous structure highs (look left) form further resistance time for a retrace small position, decent R:R good luck