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Technical analysis by FenzoFxBroker about Symbol BCH: Sell recommendation (6 hour ago)

https://sahmeto.com/message/3604338
FenzoFxBroker
FenzoFxBroker
Rank: 180
3.3
Sell،Technical،FenzoFxBroker

Bitcoin Cash rose to $500.0, a resistance zone backed by the June 19 high. Stochastic reads 85.0, indicating short-term overpricing. The 4-hour chart shows a possible double top pattern, suggesting consolidation. If BCH stays below $500.8, it could target $494.8 and, if selling continues, drop to $480.9.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$499.62
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