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Bitcoin Cash (BCHZ18) Imminent Breakout (Up or Down?)

BCHZ18 is looking to breakout soon, according to the pattern we see on the chart above.
This is a symmetrical triangle and its a pattern that can broke either way.
Seeing that trading volume is decreasing and price action is being compressed a breakout will happen soon.
A break-up can lead BCHz18 straight to 0.0521 followed by 0.0546 if the first resistance can be broken.
A break to the downside, you can expect BCHZ18 to find support at 0.0448 (EMA300).
This is a neutral analysis... HIT LIKE TO SHOW YOUR SUPPORT.
Namaste.
This is a symmetrical triangle and its a pattern that can broke either way.
Seeing that trading volume is decreasing and price action is being compressed a breakout will happen soon.
A break-up can lead BCHz18 straight to 0.0521 followed by 0.0546 if the first resistance can be broken.
A break to the downside, you can expect BCHZ18 to find support at 0.0448 (EMA300).
This is a neutral analysis... HIT LIKE TO SHOW YOUR SUPPORT.
Namaste.
Not
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.