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BCHBTC (Update) – Is a small bounce possible?

If looking from short side based on previous analysis available here be careful at current levels and/or manage position actively. The Bears are trying to hold below 0.07 but a move below 0.066 is needed (based on the 2-hour chart) to keep negative momentum in place. As you can see we are testing strong intraday demand zone and therefore get ready for a bit of going back-and-forward here.

 

Should you have any questions feel free to contact us anytime.

Good luck Champs!

Mr Hawk

 

 

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