We can see here that BCH has been rejected from local horizontal resistance about 3 times. A solid bounce back from trend support is seen about 3 times.
Closure above support (298) will
Bearish Indication:
Bullish Indication:
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Closure above support (298) will
Bearish Indication:
- Low Volume
- Possible RSI Mid Peak
- Rising Wedge (bearish pattern)
Bullish Indication:
- Possible Bullish Pennant (4h chart)
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