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austinmfcoats
Jan 16, 2018 9:31 PM

BCHUSD: Trend Analysis  Long

Bitcoin Cash / U. S. DollarKraken

Description

Just an idea, maybe we are at bottom? Only time will tell. Chime in for ideas.

*This is not trading advice*

Comment

1800 level needs to hold and the price needs to retest the 2300 level to resume upwards.

Comment

Looks like we have a reversal. Prices still could drop down to retest the low which should put in a double bottom and go up from there.

Comment

Prices did drop more, so pitchfork drawing is invalid and should be shifted. Long term bch is still a good hold.
Comments
darkandblue
I have been watching that line too but btc will hit to 8k..can we differentiate,we will see..tomorrow gdax might give some extra support
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