Medium Term Bearishness on Bitcoin Cash
Currently playing in an uptrend channel near a string resistance area which has rejected price, i expected a dive down to test the lower part of the trendline again or even break through downwards..If it breaks downwards then we could be in for a heavy fall down to $120 ish possibly maybe that could be when Bitcoin could take all alts with him to confirm its confirm. Another scenario is we could see a small bounce off the trendline again to the upside to take out some time to prepare for a heavy downside movement..The only holy Grail in trading is ROCK SOLID DISCIPLINE and MONEY/RISK MANAGEMENT
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