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RE: BITCOIN PROFIT-TAKING SYSTEM #3 <<>> Watching for another Volume Price High

in #bitcoin • 7 years ago

BCH/USD
We expected the $1733 levels to hold. Still, the bears easily broke through it and Bitcoin Cash fell to a low of $1364.96 on Jan. 18.
The current increase is likely to face resistance at the $2072 levels, which was the support of the range previously. We shall get a confirmation of a bottom during the next downturn. If $1364.96 breaks, a fall to $1194 is likely.

Our bearish view will be invalidated if the BCH/USD pair sustains above $2072 for a day.

7 years ago in #bitcoin by
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