BCHBTC meeting resistance.
Updated
BCHBTC up against a formidable resistance with sellers wiling to take profits. Price action may get rejected at short term resistance, while a retest will likely be bought for a successful penetration for new highs.
Note
as BTCUSD is heading into stratosphere BCH is heading down to about the 50% Fib. If this level breaks look for an entry point to buy at .13. This coin appears to move inverse of BTC and will likely start climbing as risk aversion takes over from the later.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.