TrendFather

BCH trade idea

TrendFather Updated   
COINBASE:BCHUSD   Bitcoin Cash
There will be a rollback, the double top is visible on the CCI.
In addition, they both crossed level 200, which is a strong signal about a dump or rollback.
Rollback will continue to roll back to 291.
From there, there will probably be a set of positions and a price increase to 325.30, or the price will drop to 285.
By MAs you can see an upward trend, which shows further growth.
Now the picture is not clear, as there are sellers and buyers.
Order cancelled:
Price did not go to gain positions at the level of local support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.