PolarHusk

BCH/USD (Retest Weekly Major Support?)

COINBASE:BCHUSD   比特币现金
COINBASE: BCHUSD

-Bitcoin Cash weekly chart view is still sideways
-It is trading inside a potential ascending triangle
-A clear flat area of resistance at 500 dollars
-And new upward trendline of support at 175 dollars
-BCH is likely to retest major support again
-Can we expect another strong upside movement after retest?
-There is a big chance because of good risk to reward ratio
-Buyers will be interested if the price get this low
-Please don't take this as financial advice
-Technical analysis is only a guide for future scenarios
-Exercise proper risk management

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