BCH rising wedge? 做空

Bitcoin Cash / TetherUSBinance

描述

⋅ Dec 3, 2020 4:17 AM

We can see here that BCH has been rejected from local horizontal resistance about 3 times. A solid bounce back from trend support is seen about 3 times.

Closure above support (298) will

Bearish Indication:

Low Volume
Possible RSI Mid Peak
Rising Wedge (bearish pattern)

Bullish Indication:

Possible Bullish Pennant (4h chart)

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Trend Analysis