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23.12 - 15:49
Bitcoin Cash, Tron, Terra Price Analysis: 03 December
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As the broader market entered into a possible recovery phase, Tron saw gains on its daily chart after bouncing from its two-month support level.
Moreover, Terra’s LUNA saw 56.4% weekly ROI while it entered into price discovery and found its ATH on 3 December. On the flip side, Bitcoin Cash flashed bearish near-term technical indications.
TradingView, BCH/USDT
After a down-channel breakout on 22 November, BCH continued to move in the descending triangle pattern (yellow) in its 4-hour chart for the past ten days. This downtrend occurred post the altcoin touched its nine-week high on 10 November.
With this milestone, bulls breached the 12-week long resistance at the $653-mark but could not sustain those levels. As a result, bears initiated a
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