Long

BCHUSD: Trend Analysis

By austinmfcoats

Updated

Just an idea, maybe we are at bottom? Only time will tell. Chime in for ideas.

*This is not trading advice*

Note

1800 level needs to hold and the price needs to retest the 2300 level to resume upwards.

Note

Looks like we have a reversal. Prices still could drop down to retest the low which should put in a double bottom and go up from there.

Note

Prices did drop more, so pitchfork drawing is invalid and should be shifted. Long term bch is still a good hold.

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