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PolarHusk
Jan 7, 2020 1:57 PM

BCH/BTC TA Update (Temporary Top?) Long

Bitcoin Cash (BCHN) / BitcoinBittrex

Description

BCH/BTC

BCH reached the target zone and now facing a potential pullback to retest on previous resistance to turn into new support between 0.02929 - 0.02838 regions.
After BCH reached overbought condition after quite some time, the price immediately reacted and reversing back to a normal level.
BCH may have to consolidate and find new support to continue its uptrend in the mid-term.
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