BCH is very strongly co-related with BTC right now. with BTC making new ATH daily BCH is getting battered down.
BCH might go down further to lower support trend line, but cannot be sure of anything yet.
BCH is still is the long term channel so i am still neutral, but if it goes down the trend line then there is a cause to worry about.
I think unless BTC corrects and stablizes BCH will fluctuate lot and BTC making new ATH daily, it should correct soon.
Best to wait for now.
BCH might go down further to lower support trend line, but cannot be sure of anything yet.
BCH is still is the long term channel so i am still neutral, but if it goes down the trend line then there is a cause to worry about.
I think unless BTC corrects and stablizes BCH will fluctuate lot and BTC making new ATH daily, it should correct soon.
Best to wait for now.