BCHUSD low volume a concern?

BITFINEX:BCHUSD60

Description

⋅ Nov 8, 2017 12:26 AM

I think low volume is not a concern here as you can see many nice rallies have been helped along by the lack of volume.

Trend Analysis

Comments

ixflo12341

⋅ Nov 8, 2017 12:37 AM

true... I just bought another 200 bch lol

graham.edwards84

⋅ Nov 8, 2017 12:48 AM

@ixflo12341, ha ha good one . I would too but I spent my allowance. ..

monguilhot

⋅ Nov 8, 2017 12:53 AM

Thanks for the updates... The ALTCOINS is getting up. BTC under resistence. I think now is the time for BCH!

sezcurra

⋅ Nov 8, 2017 12:50 AM

Do you have an explanation on why BCH is copying now every movement BTC does ?

graham.edwards84

⋅ Nov 8, 2017 1:07 AM

@sezcurra, they are both in a consolidation pattern and yes the traders seeing are probably splitting their cash between the two and it is aligning them. That's the only reason I can think of... anyone else have a theory?

ixflo12341

⋅ Nov 8, 2017 1:50 AM

@graham.edwards84, i think someone is selling btc when its high and buying bch, that explains why whenever btc goes up bch goes up too