Will Bitcoin Cash Rise or Decrease?

Will Bitcoin Cash Rise or Decrease?

BTCUSDT

When examining the 8-hour chart of BTCUSDT, it is observed that price movements continue within a downward trending pattern. It is evaluated that if the cryptocurrency surpasses the level of 28333, it could target the level of 30873. However, unless the level of 30873 is breached to the upside, there is a possibility of a retracement towards the level of 25870, breaking below the level of 28333, and potentially reaching as low as 23322.

BCHUSDT

When examining the 8-hour chart of BCHUSDT, it is observed that price movements continue within a downward falling wedge pattern. It is evaluated that if the cryptocurrency experiences price movements below the level of 116.4, it could potentially break below the level of 107.5 and retrace towards 90.0. However, in the event that the price movements remain above the level of 116.4, it is considered that it could surpass the level of 124.9 and target the level of 142.6 to the upside.

BTGUSDT

When examining the daily chart of BTGUSDT, it is observed that price movements continue within a downward falling wedge pattern. It is evaluated that as long as the cryptocurrency remains above the level of 10.98, there is potential for it to surpass the level of 13.16 and target the level of 17.46 to the upside, with a further target of 23.10.

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