An $BCH 7-day low has been reached.
24h: -3.96%, current price: 257.2, previous low: 258.13.
Structurally, a new low means the bulls’ defensive line has been breached. On a rebound, the first thing to watch is whether the price can reclaim the previous low. If it can’t, the weakness will continue; if it does, this could turn out to be a false breakdown. What do you think?
24h: -3.96%, current price: 257.2, previous low: 258.13.
Structurally, a new low means the bulls’ defensive line has been breached. On a rebound, the first thing to watch is whether the price can reclaim the previous low. If it can’t, the weakness will continue; if it does, this could turn out to be a false breakdown. What do you think?
