On the monthly chart BCH is at reversal point of a bullish butterfly. This particular price movement can be seen only on the monthly chart.
The first target on the monthly chart would be a 50% gain from now.
Supporting this idea, we can see that at smaller timeframe after the bullish impulse BCH is consolidating at the actual niveau. Just another push and it will resume the positive trend

BIO
The first target on the monthly chart would be a 50% gain from now.
Supporting this idea, we can see that at smaller timeframe after the bullish impulse BCH is consolidating at the actual niveau. Just another push and it will resume the positive trend
BIO
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.