Today, BCHUSD is clamped in a lateral movement. Buyers are firmly holding the Bitcoin Cash rate near $ 1000, but sellers can also drop it from the zone: $ 1150 - $ 1100.
Priority of the day: neutral position on BCHUSD.
Bitcoin Cash today rests in the lateral movement. Right now the volume for selling is higher, than volume for buying, so the bears are ahead of the game.
Projected scenarios:
1. Sell BCHUSD from $ 1150 to $ 920.
2. Buy BCHUSD from $ 1000 to $ 1185.
Alternative scenario:
BCHUSD rate may remain in the lateral movement until the end of the day.
Priority of the day: neutral position on BCHUSD.
Bitcoin Cash today rests in the lateral movement. Right now the volume for selling is higher, than volume for buying, so the bears are ahead of the game.
Projected scenarios:
1. Sell BCHUSD from $ 1150 to $ 920.
2. Buy BCHUSD from $ 1000 to $ 1185.
Alternative scenario:
BCHUSD rate may remain in the lateral movement until the end of the day.