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;

1 Day Timeframe

Today using the 1 Day timeframe, we've taking a little leap from where we stopped yesterday. BCH underwent a bullish movement but nevertheless reached a resistance zone close by which made it retrace or fall a little bit.

The falling shouldn't be that much because of two main factors which are stated below;

• Firstly, we just broke out of a trend line and that too at a bullish standard.

• Secondly, even if we were to fall or go bearish, it wouldn't be for too long since the support level is not far from were we are.

So it's therefore a win win situation:)

2 Hour Timeframe

Using the 2 Hour Timeframe, we'll see the candlesticks moving in a bullish way after it broke out of the previous trend line which we used on the 1 Day Timeframe. After some increase in price, we then experienced respect on the support zone some couple of times. Twice to be precise.

Before the previous respect on the trend line, the candlesticks moved in a bullish way to the extent it was able to touch the resistance zone, right above it and then retraced immediately to the nearest support zone. And that's where we currently are.

OVERALL: BCH Is definitely going on a bullish streak or increase in price. Buying more might be a good idea.

https://read.cash/@InvestorOmar/update-crypto-to-the-moon-bitcoin-cashbtc-12dfd928

Have A Nice Day!!

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Until Next Time, Peace.