FX.co ★ Technical Analysis of Intraday Price Movement of BCH/USD Cryptocurrency, Friday October 25, 2024.

On the 4-hour chart of the BCHUSD cryptocurrency, a Bullish Fractal Bar appears which is also Wiseman #1 and the appearance of a signal from Super AO (Wiseman #2) which happens to be located and intersects within the Bullish Fair Value Gap of the cryptocurrency coupled with the emergence of a Failing Wedge pattern, then BCHUSD has the potential to strengthen even though a weakening correction could occur, but as long as the weakening correction does not break and close below 333.74, then BCHUSD still has the potential to strengthen where the level of 378.55 will be tested and if it turns out that this level is successfully broken and closes above it, then BCHUSD will continue its strengthening to the level of 425.45 as its main target and if the momentum and volatility support it, then 457.85 will be the next target.

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