#BCC :bullish butterfly arnd 980 level #BCH $bccusdt #crypto

in #cryptocurrency6 years ago

#BCC is forming a bullish butterfly around 980 level, with price action making higher lows and RSI also curving up, this may be an indcation of a short term reversal around the D point (PRZ for the buterfly)

If bcc manages to break above 1000 level with confirmation, then it will look to Target the 61.8fib resistance level at 1063

Target 1: 1015-1016
Target 2: 1056-1063

on bearish note if bcc breaks below 915 level then it may fall to the 78.6fib support at 850.

download (82).png

You can find the updated analysis here also:

https://www.tradingview.com/chart/BCCUSDT/I8Iv3q3e-BCC-bullish-butterfly-arnd-980-level-BCH-bccusdt-crypto/

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