@Z1 4 May 2021 more from that month

BCHUSD - Price keen to break above and hold 1000 - key break out price 1054 - Based on volume sellers previously located at 1200 have moved down to 1050 (red lines) however the area is being aggressively tested by bulls indicated by prolonged time in the upper part of the trading range (blue lines). Keep in mind price possibly held back for large players to accumulate more before a move up - if this is the case there may be some volatility (shakeouts) to the downside support described below. Upside target to break 1054 then target 1226. Support/buying levels at 912 then 871 then 802. https://www.tradingview.com/x/559OP16V/ Historically order books are very thin above 1300 - if 1300 breaks would expect a fast move towards 1600 and then into the first primary reaccumulation zone. See previous analysis for main reaccumulation targets. noise.cash/post/lvvw3g4w #BitcoinCash