BCHUSD one way out of the woods
For my friends who are still really pulling for BCHUSD to rally, there is one potential path here to salvage a rally and that would be to consolidate sideways until the 20 and 50 MAs can find support on the 200 and then slowly turn and reverse. It is a possibility that this idea could play out with enough bulls and good volume coming in.
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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.