BCH/USD Long entry 230
Comment:
BCH Has held 250. Heavy Selling pressure still at 255. Currently price is 254.40. Attempted 260, was met with strong selling pressure at its peak of 258.40. I think we will see Strong selling at 255-260. Except to be pushed back to 250 range. Still looking for that final bounce that sends it up to 260 - 265. Slowly it looks like its going to approach 270. Volatility of hand grenade except violent swings back and fourth. Needs to hold 250.
Comment:
BCH Appears to have formed a bottom around $240. BCH now has to regain $250. If the price can stay above $240 forming a support. We have a higher low. As of writing Price is rebounding 244.10. Looking for a bounce to send it back to $260. IMO