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@InvestorOmar

BCH Analysis; Crypto Analysis; Crypto To The Moon Series.#69 DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence. With that being said, let's get into it; BCH 1D Timeframe

The 1D Timeframe shows us a retest and respect to the resistance zone above as we're not able to cross over it. Furthermore, there M.A (moving average) acts as a resistance zone as we go bearish upon a retest. As of making this analysis, we're currently going bearish and experiencing a decrease in price on BCH. Even though we're still based on a support zone to make us bullish, the chances are quite low for us to experience a bullish movement as of now. upon experiencing a bearish movement, the next support zone should be at about $295. BCH 5min Timeframe

The 5 minutes timeframe also shows a continuous bearish movement as the moving average is above the candlesticks formed further taking the price down. A good breakout can bring about a change in the current bearish market for good. Previous Articles: **BCH Analysis, Crypto Analysis, Crypto To The Moon Series.#68** https://read.cash/c/bitcoin-cash-hub-0cd1 **BCH Analysis; Crypto Analysis; Crypto To The Moon Series. #67** https://read.cash/@InvestorOmar/bch-analysis-crypto-analysis-crypto-to-the-moon-series-67-6a5cd8a7

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