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Julie B
$BCH is messy, but there is a clear line for buyers to work with. The plunge to $215.6 was bought, and price is back near $222. It still needs to clear $222.6 resistance and its $222.2 20-hour average.
Conditional spot long: Entry $222.70–$223.10 after a one-hour close above $222.6 and a successful retest. TP1 $224.00 | TP2 $225.20 | TP3 $227.00. SL $220.80.
A brief wick above resistance isn’t the confirmation I’m looking for. Educational only, not financial advice.
#FOMCRateCallThisWeek
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