GDAX BCHUSD: This week we will see if BCH breaks and holds above 1,500USD. This depends largely on BTC's price action. News for BCH includes a Performance HardFork and The Consensus Blockchain event, which could potentially help raise the value of BCH. On the technical side a bullish twist of the ichi cloud and bullish crossing of the StochRSI can been seen on the chart. If BCH suddenly dips into the 1,300 or 1,200 range that would be a great price for investing. Due to the volatility that has occurred being all cash right now is the best position.
Comment:
Forming a Higher Low, need to check the close of the candle as well as the weekly candle close.