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bitcoin-cash:native
EN:
In yesterday's analysis of BCH, I mentioned that a pullback toward the 234.5 $ support would be completely normal, and the price moved exactly as expected.
The price dropped to 234.5 $ and received a strong reaction from that level. A 4h candle close below 234.5 $ should be considered a very short-term Stop Loss.
The 288.9 $ target remains valid.
If the 234.5 $ support is broken, I believe the next important support will be the psychological zone around 200-205 $.
DO NOT IGNORE YOUR STOP LOSS RULES.
I don't share all of my analyses here. If you'd like access to my other analyses, feel free to send me a DM.
The analyses I share here do not constitute investment advice under any circumstances.
#BCH #BitcoinCash #Crypto #CryptoTrading #TechnicalAnalysis
RU:
In yesterday's analysis of BCH, I mentioned that a pullback toward the 234.5 $ support would be completely normal, and the price worked out exactly that scenario.
The price dropped to 234.5 $ and received a strong reaction from that level. A 4h candle close below 234.5 $ should be considered a very short-term Stop Loss.
The 288.9 $ target remains valid.
If the 234.5 $ support is broken, then, in my opinion, the next important support will be the psychological zone of 200-205 $.
BE SURE TO FOLLOW THE STOP LOSS RULES.
I publish here not all of my analyses. If you want access to the rest of my analyses, you can message me in private.
All the analyses I share here are, under no circumstances, investment advice.
#BCH #BitcoinCash #Криптовалюта #Crypto #Trading