As you can see, Bitcoin Cash has just started to bounce from today's low and will land on the trend line multiple times before its next big move up.
Comment:
Two possible scenarios:
1. It completes the pattern and comes back down to the support line before a breakout happens.
2. It breaks out early. I think that this is very likely because on the BCH/BTC chart I made, it has already completed the triangle and even now appears to be breaking out.
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1. It completes the pattern and comes back down to the support line before a breakout happens.
2. It breaks out early. I think that this is very likely because on the BCH/BTC chart I made, it has already completed the triangle and even now appears to be breaking out.