BCHSV - no trading zone- 4H Symmetrical Triangle
BCHSV has not been correllating with ETH, BTC, LTC in the past few days. The bulls have tried to keep pushing up ETH, LTC and BTC respectively, but not at the same time. Having that said, you would be able to max out your opportunity in this trading environment.
As you see on the 4H timeframe, BCHSV is trying to form a symmetrical triangle, which is a continuation pattern. Whether BCHSV is in the downtrend or uptrend right now, that's hard to say.
But I believe BCHSV will continue to move within this symmetrical triangle into the tightening range. Then it can decide which direction to go.
As you see on the 4H timeframe, BCHSV is trying to form a symmetrical triangle, which is a continuation pattern. Whether BCHSV is in the downtrend or uptrend right now, that's hard to say.
But I believe BCHSV will continue to move within this symmetrical triangle into the tightening range. Then it can decide which direction to go.
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