BCHUSD is looking downward. It is too early to tallk about price reversal, but the movement down did not end. The priority of the day: sales BCHUSD with the target of $1547. As expected, Bitcoin Cash falls slowly. Projected scenarios: 1. Sell BCHUSD near $1650. Sales target of BCH is the level $1547. 2. BCHUSD may remain in flat for another day. An alternative scenario: Buying BCHUSD from the level of $1700 to $1800. It would not be desirable.
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.