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bitcoin-cash:native
EN:
The $234.5 support level has been broken, which means the Cup and Handle pattern has been invalidated.
From this point forward, I will be watching the $245.5 resistance on the daily chart.
If BCH manages to hold above $245.5 with a daily candle close, the next target will be $309.9.
For traders looking to enter a new position, I recommend waiting for a daily candle close above $245.5 before entering.
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 #Crypto #Trading