dfurrer45

BCH possible Bullish signal

BITFINEX:BCHBTC   None
BCH could very soon break out of the descending triangle.
The RSI is rather oversold too, but not in an clear signal Phase.
If it will not break out it can descend to 0.14333 BTC.
That will make an up from there Movement even more likely.
At this time the RSI would be in an clearly oversold position.
If it still won't break out, the probbability is high, for it to further descend to around 0.0799 BTC
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