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21.11 - 12:49
Bitcoin Cash traders must watch out for these key levels
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Bitcoin Cash presented a symmetrical triangle on its chart and awaited a massive breakout. However, the alt maintained a neutral bias as per its RSI and MACD, so a swing was possible in either direction. At the time of writing, BCH traded at $594, up by 1.4% over the last 24 hours.
Source: BCH/USD, TradingView
A series of lower highs and higher lows post 26 October gave rise to a symmetrical triangle setup on BCH’s 4-hour timeframe. Based on the height of the triangle, BCH eyed a 15% breakout in
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