After this mega bull run on BCH, it just faced a parabolic support line for five time, four of them had a great support effect and price bounced up . what do you think about this fifth approach?
we can see DMI indicator is in falling volatility state and at the same time RSI is goes down which means a healthy consolidation. so i can see a better chance for a long position at 0.185 with a target at 0.264
in case of parabolic support breaking down, bellow support lines will be our sell targets.
have a healthy trade ;)
we can see DMI indicator is in falling volatility state and at the same time RSI is goes down which means a healthy consolidation. so i can see a better chance for a long position at 0.185 with a target at 0.264
in case of parabolic support breaking down, bellow support lines will be our sell targets.
have a healthy trade ;)