Here we have a triangle pattern for BCH. The rising edge definitely has more touch thus making it stronger support. We also come from a big move to the upside so I would say there is a 60/40 chance if not more for breaking the triangle to the upside.
Don't make a decision just yet. Wait for the triangle to break with confirmation with volume. Initial targets are marked in green and red lines
Great call! Wish I'd read it yesterday and acted. Will follow you.
PureStructureNoBS
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@oswaldugly, Thank you! Another entry would be a break of 350. Then aim for the second target just below 400, which is a very strong resistance level
oswaldugly
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@PureStructureNoBS, awesome thanks. I will act on it. I got in before the big rise in 2017. Made massive gains and lost it all and way more lol
Held through it all and trying to recoup. Most appreciate the reply.