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๐Ÿ“ˆ Daily TA: Bitcoin Cash (BCH/USD) | 23-06-2021

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cryptospa
@cryptospa
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Hello, dear members of LeoFinance!

Today I want to outline something really interesting in the price chart of Bitcoin Cash.

In the weekly chart (1W), because of the ongoing correction in the crypto market BCH/USD has dropped to the level of the neckline of the Triple Bottom: In my view, at the current level Bitcoin Cash will receive solid support and if its price does not drop below the neckline then sooner or later the uptrend will resume.

To be continued ...

As of the time of writing, one Bitcoin Cash costs $459.42 on the Kraken crypto exchange, 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 almost 15 years, and as a cryptocurrency analyst for the last 4 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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