Since the V-shaped rebound after the market crash in April, BCH has maintained a relatively strong upward rhythm.
Basically shows a negative correlation with the market trend, it runs its own market.
The 4H level bullish market has not ended and has been maintaining high-level fluctuations. During this period, small pullbacks are consolidating near the large-level support and resistance exchange zone. If the market rebounds, BCH will immediately follow.
The current position has no high profit-loss ratio, be patient and wait for a pullback buying opportunity.
Small level maintains channel upward, focus on pullback near the lower edge and the overlapping area of the large-level support. Also, pay attention to price behavior.
Several positions to pay attention to
Support Position
First Position 435
Second Position 413-418
Third Position 381-385
Resistance Position
First Position 491-499
Second Position 510
Third Position 525
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