Hello traders, BCH / USDT is in a bearish movement with strong selling volumes being made.
For the moment we can see the appearance of a descending bevel but we rather retain the last support zone for a rebound in order to come and test the resistance zone again. In this session we have a bearish signal on the shortest MA crossings, the high probability of a pull back cannot be ruled out in this situation.
I see rather a return on the largest MA (White) confirmation of a return of volume on the last weak support then resistance to then move towards the breakout zone.
These are not investment advice but usage recommendations. Make it your thinking.
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