Yesterday BCH didnt breakout and double bottom pattern didnt confirm. now it looks like its in a falling wedge pattern. Any upward breakout of the red line could lead for a reversal. Also tere might be a relationship with BTC,when BTC goes down, BCH goes up. Next thing thats interesting is that OBV and Accum/Distseem to be in a divergence while there is a price decline. This could mean that there is a controlled accumulation going on.
Because of the huge risk i cant tell you when or where to buy or even to hold BCH because it can retrace very hard.
Because of the huge risk i cant tell you when or where to buy or even to hold BCH because it can retrace very hard.
Comment:
first resistance is officially broken
Comment:
i might buy in when it breaks 2nd resistance
