stephanelibatd

Last bullish signal for BCH on horizontal support and channel

Short
BITSTAMP:BCHUSD   Bitcoin Cash
Hey friends BCH / USD is in a secondary downtrend with sales volume returns.

We are located in an ascending bevel which breaks from the bottom and goes in the direction of the first stabilization zone.
It could be what breakdown also with the objective of joining the penultimate support zone.

Due to option closings today.
The market may react badly is its last previous low to consider.

As we can the constraint on the weak SMA, they did not cross and an attempt of pull back on it was not carried out thus one remains in a hesitation.
The timing remains decisive for the Bulls in the next two days.

This is not an investment advice but a recommendation for use.
Thank you for taking the time to read my analysis.

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