#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.
.png)
You can find the updated analysis here also:
https://twitter.com/rajista007
If you found something useful here/benefited from my calls, then kindly hit the upvote/follow me here, #tradingview as well as in #twitter.
https://twitter.com/rajista007
https://www.tradingview.com/u/rajista/
If you are in a tipping mood , you can buy me a beverage :)
LTC: LRapgEkUPwV2qENjtt3NEH8d4PPvW3sFfm
XRP Address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh XRP Tag: 778576383
BTC: 1LM7tHMvLSghnBw2WTk3MSvfDyiGP5uGpd
ETH: 0x47eefeeea7e7b0d0840e841fbf3b3ab28ea86f8
Coins mentioned in post: