tekolo

[UPDATE] Trading idea for BCH/USD LONG - Current price 630 USD

BITFINEX:BCHUSD   Bitcoin Cash / Dollar
This is a call for caution for anyone who wants to make an investment in the BCH/USD pair.

Mainly, we are at a time of high volatility due to the pause of the Segwit2x.

And, in this pair (BCH/USD), market sentiment has changed from bullish to bearish according to the Ichimoku cloud inversion. However, the RSI above 50 indicates that we are still in a bullish trend .

We are facing contradictory signals here that indicate it is not a good idea to trade at this parity for now.
Tekolo
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