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WaineNZeddmo

BCHBTC 3H CHART BITCOIN CASH MARKET CONDITIONS

WaineNZeddmo Updated   
BITFINEX:BCHBTC   None
Trend Analysis Chart Patterns Technical Indicators BCHBTC Bitcoin (Cryptocurrency) CASH LONG entry
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trendanalysis chartpattern indicator bchbtc bitcoin cash long entry
After the rally that started 8/17, BCHBTC pair found back support at 0.1385 and 0.1576 (which is 0.5 retracement).

Since this seems to be a bullish market, a break of downtrend line could lead back to ATH. However, market is in range conditions.

Consider MA20 just crossed below MA50, which is a bearish sign.

WNZ
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Comment:
Pattern did not broke as expected but there seems to be a double bottom on the hourly chart
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