dfurrer45

BCH uncertain

dfurrer45 Updated   
BITFINEX:BCHUSD   None
It is either turning upwards again to return to the high points of before or it is falling down to the next Line.
This is drawn with the green Lines.
The dotted green Lines show, how it could behave after it did the decision move.
Comment:
From the 30 min chart it looks, like the price will probably take the descending green Line and then, because it is already close to the oversold area, take the ascending green dotted line.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.