The 1H chart of Bitcoin Cash gives us a trading opportunity. We can see price consolidation near the uptrend line. Also we can draw a flag pattern which is a continuation chart pattern and it tells us about further downward movement, if the price breaks the signal line. But we have to search for an entry level for buying only. Based on the flag we can spot such level. Pending orders for buy should be placed above the resistance line of the flag. It’s 455.00 level. If the price moves above this level, the flag won’t be realized as a […]
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