Technical analysis by Anikeev_Pavel about Symbol BCH: Sell recommendation (10/11/2023)
https://sahmeto.com/message/486322

Anikeev_Pavel
Rank: 18819
Analytical Power:
1.3
Identifying Key Support: Analyzing BCH at 212.17 and Potential
Sell
Price at Publish Time:
$213.46

In the chart, I've highlighted a level with two touches at 212.17. Today, while reviewing the charts, I noticed that there aren't currently many compelling levels. Among the more evident ones, I've singled out this particular level. I'm looking to enter a short position if there's a breakdown below 212.18 for BCH upon approach. The approach to the level is crucial—it should ideally be gradual, and it's preferable to see some trading activity around that level before considering a trade.
Source Message: TradingView