BCH failed to break past 197 and is going to drop to 110 for a bounce , A better move would be to drop to 78 for a double bottom as this will signal the bottom for BCH.
Note :BCH also shows that its going to hit 399 and 500 after its completed these moves down,
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thats a nice move for BCH between 197 and 399... its open air
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I really dont see how BCH can drop lower than the bottom of the triangle at 78 as the next drop would have to be -40 which is impossible - So 78 looks to be the bottom for BCH
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DogenSrb
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Yea bro, agree. I'm shorting this from yesterday, and my first target will be aroun 0.786 fib. Take a look on RSI, very nice respecting trend line. I'm looking price on Coinbase and 73$ is my second target.
Crypto_Mercy
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Yeah 75.75$ on Binance.
mycotoxin
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@Miatmisu, you mean most of the buy orders are set to 75 ? yeah this will be a great buy
Crypto_Mercy
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@mycotoxin, absolutely... but for Binance, this will be a double bottom.