SiriusTrading

BCHUSD UPDATE - WHAT NEXT? ANY THOUGHTS?

Long
KRAKEN:BCHUSD   Bitcoin Cash
Last time i analysed BCHUSD, i noted that we could be seeing
a support at the blue line as now confirmed.

This drop has coincided with the BTCUSD and ETHUSD drop
that we have all witnessed.

Stoch RSI is now crossing over now also, we could be seeing
the start of the uptrend.

on the 7th Nov BTCUSD was around $630 now dropped
down to just below $207. this has caused a lot of
pessimism in the market which i believe will bring
back the money makers.

caution, if this breaks below the blue line then we
are looking at another low. trade safe

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