BCHGBP has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 8 days and suggests a possible target level to be around 95.5553 within the next 2 days.
Related Posts
Could a large bullish move on BTCJPY be a sign of things to come?
Those of you that are trend followers are probably eagerly watching BTCJPY to see if its latest 2.15%…
Is the extremely large movement on BCHUSD a sign of things to come?
BCHUSD has experienced an exceptionally large movement lower by 8.43% from 374.26 to 342.72 in the last 2…
Extreme movement experienced on BTCEUR. Check this chart to see what to do next
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…