Long
BCHUSD 2 hr chart update
Of course we are all waiting to see what BTC is doing and it does look to be moving lower but any BTC rallies will have an effect on BCH buyers coming in, as generally traders will move on last wave blow off top trades as they are the most profitable. In the mean, time this does not suggest that BCH is still not poised for a rally and it is still showing bullishness which looks now like a consolidation wedge formation... so kind of just moving sideways in limbo until buyers see that it is decision making time.
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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.