Bitcoincash Trend traders be careful

Bitcoin cash is ranging with big swings 10% - 20%, perfect for scalpers, not so safe for trend traders. If you have a buy position protect your profits if you are planning to open a short position proceed with caution

- Trend: Interrupted, ranging with signs of entering a downtrend.
- MACD under the zero line
- SMAs converged, 26 SMA crossed under 70 SMA