Emerging Falling Wedge pattern in its final wave was identified on the BCHUSD 1 hour chart. After a strong bearish run, we find BCHUSD heading towards the upper triangle line with a possible resistance at 317.5275. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
Related Posts
Could a large bullish move on LTCAUD be a sign of things to come?
LTCAUD experienced an extremely large move that lasted 25. This movement is in the 95.0 percentile and is…
Important resistance line being approached by ETHJPY. This price has been tested numerous time in the last 4 days
ETHJPY was identified at around 371372.23 having recently rebounded of the support on the 1 hour data interval.…
Will LTCUSD break through the support level it tested before?
LTCUSD is en route to a very important line that will be a definite deciding factor of what…