Off the cuff. 231 MA (orange) and 77 MA (blue) coming down hard on BCH causing for overhead resistance. On the opposite spectrum it might be able to generate just enough to get out of this resistance with a possibly small inverse H&S?
Maybe Im reaching on the H&S for me BCH is a no. Specifically because now I dont even see the point when BTC transaction fees and speed are cut down because of SEGWIT and LN.
Ill leave it up to you guys to decide.
Maybe Im reaching on the H&S for me BCH is a no. Specifically because now I dont even see the point when BTC transaction fees and speed are cut down because of SEGWIT and LN.
Ill leave it up to you guys to decide.
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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.