BCH CHART UPDATE in 3-Day Timeframe

15 июл.

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Now, let’s dive into this chart analysis:

BCH broke down below the crucial support trendline a couple of weeks ago, but it managed to hold support at $292.3. BCH responded with a nice rebound and is currently testing the $402 resistance (previous support trendline).

If BCH is rejected from the current market price, we still have lower supports at the $292.3 and $220 levels to hold the price. A breakout above the trendline will likely be a good sign for BCH.

- Primary Support: $292.3.
- Lower Support: $220.
- Resistance: $402.

DYOR, NFA.

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