Descending triangle pattern in BCH/USD, I am bullish overall due to the reasons outlined in my last post, but I have exited my position temporarily due to this short term bearish sign.
We have seen 4 waves since the introduction of huge volume into BCH. The price has not only broken through a significant trend line of this recent wave, but also broken below the 100 hour moving average. At this moment, volume is much lower than it was when the price was going crazy, which leads me to believe that this short term bull run is slowing down, but we...