bitcoin cash approach to a parabolic support line

607
After this mega bull run on BCH, it just faced a parabolic support line for five time, four of them had a great support effect and price bounced up . what do you think about this fifth approach?

we can see DMI indicator is in falling volatility state and at the same time RSI is goes down which means a healthy consolidation. so i can see a better chance for a long position at 0.185 with a target at 0.264

in case of parabolic support breaking down, bellow support lines will be our sell targets.

have a healthy trade ;)

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.