bch target level focuses on the specific performance at the upper edge of the weekly K-level channel. Currently, the smaller time frame is experiencing a channel-driven upward movement, with signs of accumulation. There is a possibility of a breakout above the channel's upper edge with increased volume. From various indicators and data, the situation appears relatively healthy. Just hold your position patiently, and pay close attention to the price performance near the upper edge of the weekly K channel. If you're cautious, you can reduce your position and take some profits here before observing the subsequent developments.
Post the coins you are still bullish on or the coins you are still holding in the comments section.
Show original
12.53K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.