Bitcoin cash attempt to break 4 hour lower highs
Bitcoin Cash has already attempted to break that 2765$ resistance two times in the past.
If the third time succeed, it will be a great signal to enter the market.
With comparison to the two last attempts, this try is backed by increasing bull volume.
MACD bull cross already occured several hours ago, the histogram shows increasing momentum.
RSI is currently close to overbought. Therefore, a pullback is not to be excluded before the attempt to cross the resistance occurs.
A stop-buy order placed just above the resistance might prevent it.
Good luck everyone!
If the third time succeed, it will be a great signal to enter the market.
With comparison to the two last attempts, this try is backed by increasing bull volume.
MACD bull cross already occured several hours ago, the histogram shows increasing momentum.
RSI is currently close to overbought. Therefore, a pullback is not to be excluded before the attempt to cross the resistance occurs.
A stop-buy order placed just above the resistance might prevent it.
Good luck everyone!
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