Bitcoin Cash / Bitcoin

Bitcoin Trash analysis

191
snapshot

BCH bounced from 34200 which was also 0.382 Fibonacci level. Good bounce zone to stop retracement and start consolidation stage. At the same time this bounce couldn't take it above 0.5 Fib level, so BCH is still in risk zone of dumping lower. You may use below zones for swing trading between them. If today candle close above 36000, it will be a bullish sign.

Support zones: 34200 - 33100 - 30350 - 28500
Resistance zones: 38200 - 39000 - 40000

P.S. Prices at Bitmex are the same.

snapshot

Aviso legal

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