📈 Daily TA: Bitcoin Cash (BCH/USD)

Hello, dear members of LeoFinance!

Today I want to outline some initial bullish signal on the price chart of Bitcoin Cash. In the weekly time frame (1W), BCH/USD broke through the resistance line and is trying to revert the trend: In my view, this is an initial signal that on the weekly chart we are at the very beginning of a new bull trend.

To be continued ...

p.s. As of the time of writing, one Bitcoin Cash costs $604.50 on the crypto exchange Kraken, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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📈 Daily TA: Bitcoin Cash (BCH/USD) | 10-01-2021