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Bitcoin Cash
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Bitcoin Cash (BCH) Chart Analysis: Observing Giant Double Bottom

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The BCH/USD weekly chart displays a pattern resembling a giant double bottom. If this pattern plays out, technical analysis suggests a possible price target exceeding $3200. Due to Bitcoin's historical dominance in the market, some consider Bitcoin Cash a "clone" and speculate that its price movements might echo Bitcoin's to a certain extent. This concept is similar to the idea explored in the movie Star Wars: Episode II – Attack of the Clones.
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It’s all funny until it happens
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Smart money is buying
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Moving faster than most people expected I’m sure.
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Immediate resistance is around $736
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Strong
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Might be time for a pullback on the 4hr. Bearish divergence is building.
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ParabolicP
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297
Chart PatternsDouble Top or Bottom

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.
Chart PatternsDouble Top or Bottom
ParabolicP
USDT: 0xd3787d843Cf915E5475119459B34b6429827c297

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.