newtrader_201

bitcoin cash from the beginning (2)

BITFINEX:BCHUSD   None
price had a reaction at the uptrend line but it wasn't enough for starting a bullish rally.price broke the uptrend and had a pullback showing that it will continue downwards.the chart is like a broken head and shoulders and price probably will go down.price had a bounce at 700 area too , but nobody knows what will happen.700 area was a good support for last weeks.most likely scenario is touching 300 area after corrective moves.
Comment: Inverted H&S in H4

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