BCHUSD Neutral to Bearish Price Action at H1 Time Frame
Hi there,
The price is neutral over the 268.71 low. A break of this low might encourage more bears, but the price can reverse to test the 280 area.
293.79 and 283.23 highs maintain the bearish momentum in this time frame, and as long as 283.23 is still active over the current price, the overall trend is bearish here.
Happy Trading and have a great weekend
K.
The price is neutral over the 268.71 low. A break of this low might encourage more bears, but the price can reverse to test the 280 area.
293.79 and 283.23 highs maintain the bearish momentum in this time frame, and as long as 283.23 is still active over the current price, the overall trend is bearish here.
Happy Trading and have a great weekend
K.
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target hit.
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