BCH CONTINUATION

٨ سبتمبر ٢٠٢٣

If price closes above 200$ on the current 3 day candle, we can see a continuation towards 22$, but I tend to see only a small bullish continuation to 220 and then a strong bearish push towards 150. Only if price breaks above 230$ on the weekly timeframe, we can see strong bullish continuations towards 320 and 450$. A break below 190 from here already could make price drop towards 150$, but it would be pretty dangerous to trade from that level, as BCH could easily reverse and trade back inside 200-220 area.