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YinYangCrypto

Bitcoin Cash - sideways movement or bull pennnant

Long
YinYangCrypto  
BITFINEX:BCHUSD   None
Trend Analysis BCHUSD BCH consolidation consolidation-breakout
5
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trendanalysis bchusd bch consolidation consolidation-breakout
Hi BCH is forming a decent sideways movement seen on the 4-hour chart.

There is support on the 100 and 200 EMA and it could be the correction of entire Elliot wave count.

LONGS could be setted up here with Stop Loss under the bull pennant.

RSI is in the neutral zone that means we can go higher or lower (by RSI definition ;)

Enjoy
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