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In yesterday's analysis of BCH, I said that a pullback to 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 $.
DO NOT IGNORE YOUR STOP LOSS RULES.
I do not publish all my analyses here. If you want access to the others, you can message me privately.
All analyses I share here are under no circumstances an investment recommendation.
#BCH #BitcoinCash #Crypto #Crypto #Trading