➡️ Assistance on asset #bch at | 4h | TF
On the graph, we see the formation of a short candle with a large body, which is a strong bear signal. At the moment, the price has come to the test zone of interest and is located near the $ 609.5 mark
⬆️ Scenario for growth:
On the last candle, we have formed a bear-and-order block, and to continue growth, it is necessary to break through it with fixing over a medium-term resistance of $ 625. And to confidently continue the Longs, you need to overcome the maximum of yesterday at the level of $ 632
⬇️ Reserve script:
From the level of support at the level of $ 608, the price has already given a rebound several times. The loss of this level will signal the intensified pressure of the bears, with the subsequent purpose of the key support at $ 600. Past and exit below - will open the path to a deeper correction.
Post #2056
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