BCHUSD finds consolidation in the lower 1000's MACD + RSI sloping down since breakout correction - bulls stength weakening!
BULL scenario (less likely): Technical bull pennant would send us to the 127% fib target / 3400 Unlikely scenario of ~20/80 in the current crypto market, where #BTC shows strength + alts on distribution with bull tendency
BEAR targets: - 1000 (psychological) - 905 fib 23% - 740 recent uptrend support (weak) - 630 before breakout consolidation (weak) - 500 summer long term trend (ultimate target)
การซื้อขายยังคงดำเนินอยู่
⋅
BEAR direction - Target 1 - 1000 touch
การซื้อขายยังคงดำเนินอยู่
⋅
Two times support bounce - exactly on the last ATH of Aug-19 at 995
ความคิดเห็น
⋅
On the hourly (H)
การซื้อขายยังคงดำเนินอยู่
⋅
BEAR direction - Target 2 - fib 23% close on
การซื้อขายยังคงดำเนินอยู่
⋅
Sqeezing out further at the same levels as -1 week (Play>). Targets remain valid.