Watching $BCH for a potential breakout from its current range
As long as $BCH stays above its support at 204.40, it looks primed for a leg up towards resistance at 255.10, especially if it can break above its SMA25
- Trading above SMA7, - Below SMA25, - Sideways 10-bar trend
A daily close under 204.40 breaks this setup and invalidates the long thesis
Are you expecting $BCH to break out of its current range and head higher?
As long as $BCH stays above its support at 204.40, it looks primed for a leg up towards resistance at 255.10, especially if it can break above its SMA25
- Trading above SMA7, - Below SMA25, - Sideways 10-bar trend
A daily close under 204.40 breaks this setup and invalidates the long thesis
Are you expecting $BCH to break out of its current range and head higher?