Daily Crypto Analysis; BCH Today; Crypto To The Moon.
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, we're currently about $440.57 on BCH as of writing this article. We're still at the support level which was created lately on the 1 Day Timeframe as we wait patiently for a breakout on the trend line formed.
It's really a Good News that we're literally on the verge of that breakout which will hopefully and surely lead to a Bullish movement.
What Where Spotted After The Analysis on 1 Day Timeframe.
A Trend line which we're on the verge of breaking to a bullish stance.
Respect on the the support zone as we get closer to the end of the trend line.
1 Hour Timeframe
As for the 1 Hour timeframe, we're moving towards the end of the trend line as we rise and reach for the trend line for a bullish break out.
Here on the 1 Hour timeframe, we also find, multiple retest on the support zone. After the last retest, we then moved towards the trend line and now waiting for a break out.
And also, there was also a previous trend line which we broke after it had multiple respect on the trend line. As we moved further,the trend line also acted as a support zone.
15 minutes timeframe
And finally, using the 15 minutes timeframe we simply just elaborate an have an even more clearer view of The 1 Hour Timeframe as we can see the previous breakout and multiple retest on the trend line.
Overall: We're on the verge of breaking the trend line which will be leading to a bullish movement. Buying more BCH might be a good idea.
https://read.cash/@InvestorOmar/update-crypto-to-the-moon-bitcoin-cashbtc-12dfd928