BCH price crosses the $250 mark with a 10% growth in just two days.
Overhead supply pressure triggers a short correction.
Bullish sentiments in October make BCH price predictions for 2023 optimistic.
Bullish dominance at $180 and the 200-day EMA act as a bounce pad for BCH.
Inverted head and shoulder pattern hints at a bullish revival.
Current BCH price is $243.41 with an intraday fall of 1.23%.
Possibility of a second dip to the $228 mark to complete the bullish pattern.
Directional Movement Index (DMI) indicates strong momentum.
50 and 200-day EMA maintain a positive alignment.
A pullback to $228 could offer a crucial entry point for buyers.
A breakout above $250 increases the likelihood of BCH touching $300.
A break below $228 could plunge BCH to $200.
Overhead supply pressure triggers a short correction.
Bullish sentiments in October make BCH price predictions for 2023 optimistic.
Bullish dominance at $180 and the 200-day EMA act as a bounce pad for BCH.
Inverted head and shoulder pattern hints at a bullish revival.
Current BCH price is $243.41 with an intraday fall of 1.23%.
Possibility of a second dip to the $228 mark to complete the bullish pattern.
Directional Movement Index (DMI) indicates strong momentum.
50 and 200-day EMA maintain a positive alignment.
A pullback to $228 could offer a crucial entry point for buyers.
A breakout above $250 increases the likelihood of BCH touching $300.
A break below $228 could plunge BCH to $200.
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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.