BCH: We might see a rebound from there.๐
๐ Paradisers, #BCH is currently experiencing panic selling, and I am expecting a potential breakdown of the supportive trendline to gather liquidity for an upward trend.
๐If #BCHUSDT breaks below the trendline and exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from the bullish Order Block (OB), which coincides with the Fibonacci 0.618 level, we might see a rebound from this point.
๐However, if the price falls below this level, it would typically be considered bearish. In this scenario, I would recommend not focusing on this move.
๐If #BCHUSDT breaks below the trendline and exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from the bullish Order Block (OB), which coincides with the Fibonacci 0.618 level, we might see a rebound from this point.
๐However, if the price falls below this level, it would typically be considered bearish. In this scenario, I would recommend not focusing on this move.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREE๐ t.me/+IaNzEzXsdiBlNDg0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREE๐ t.me/+IaNzEzXsdiBlNDg0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV