BCH market analysis and outlook: during the live broadcast, there was a short position with a high cost-performance ratio. BCH is currently at a weekly resistance level. You can try shorting around 636-633, with a stop at 640. The short-term take profit target is 627. Medium-term levels are around 611, 580, and 556, provided that the major weekly resistance level is not broken. The pattern must be managed with proper defense to play this short position🤔
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BCH market analysis and outlook: during the live broadcast, there was a short position with a high cost-performance ratio. BCH is currently at a weekly resistance level. You can try shorting around 636-633, with a stop at 640. The short-term take profit target is 627. Medium-term levels are around 611, 580, and 556, provided that the major weekly resistance level is not broken. The pattern must be managed with proper defense to play this short position🤔