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FangqiChen
Dec 22, 2017 6:24 AM

BCH trend reversal Long

Bitcoin Cash / BitcoinBitstamp

Description

BCH is going to break out of the descending wedge soon
Look at the upper channels of the descending wedge, it's due for a technical reversal
Buy zone: .177
Sell zone:
Target 1: .20
Target 2: .22
Target 3: .25

The RSI looks like a reversal is about to happen towards the 50 mark
MACD looks like a convergence happening in the next few hours
Well, ultimately it's up to BTC to go on a bullish rally for this to happen
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