Bitcoin Cash (BCHZ18) Imminent Breakout (Up or Down?)

BCHZ18 is looking to breakout soon, according to the pattern we see on the chart above.

This is a symmetrical triangle and its a pattern that can broke either way.

Seeing that trading volume is decreasing and price action is being compressed a breakout will happen soon.

A break-up can lead BCHz18 straight to 0.0521 followed by 0.0546 if the first resistance can be broken.

A break to the downside, you can expect BCHZ18 to find support at 0.0448 (EMA300).

This is a neutral analysis... HIT LIKE TO SHOW YOUR SUPPORT.

Namaste.

تعليق:

Breakout (UP) incoming...

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This is how we are looking now... Huge profits with leverage.

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Updated chart: