BCHUSD Consolidation Around $435 - $482
Bitcoin Cash hit all our TP levels hitting $482, $515, and $630 to a Tee before pulling back all the way down and wicking $404 to a Tee. Who knew you could hit so may tee's without swinging a golf club ahaha
Not joking, not only did BCH wick $404 to a tee, but it hit and held this uptrend as well as the $435 weekly level. From here, the dump on BCH is over and we can start looking at long targets moving forward i'm looking at:
TP1 🎯 $482.50
TP2 🎯 $515.90
Re-entry would be along $435, although i'm not sure if we'll se that again as BCH is still creating higher lows. We will see BCH surpass previous highs and beyond moving forward, it'll just take a bit of time to fully reverse and reach those previous levels. Stay patient and trust the charts
Not joking, not only did BCH wick $404 to a tee, but it hit and held this uptrend as well as the $435 weekly level. From here, the dump on BCH is over and we can start looking at long targets moving forward i'm looking at:
TP1 🎯 $482.50
TP2 🎯 $515.90
Re-entry would be along $435, although i'm not sure if we'll se that again as BCH is still creating higher lows. We will see BCH surpass previous highs and beyond moving forward, it'll just take a bit of time to fully reverse and reach those previous levels. Stay patient and trust the charts
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