Pretty obvious pattern to me. Hope it will break out as expected and reach 500-550 within a few hours.
Comment:
This was interesting to watch the unexpected breakout happening on the down side. If zoomed in, you can clearly see how the price movement accelerated 2x-3x as it breached the triangle boundary.
I expected it to break upwards and continue previous trend as usual, but market conditions and BTC price surge influence made it go the other way. I think a lot of funds have moved from BCH to BTC at that time.
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I expected it to break upwards and continue previous trend as usual, but market conditions and BTC price surge influence made it go the other way. I think a lot of funds have moved from BCH to BTC at that time.