Shinnait

Shinnait

1000$ is a very strong support for BCH. If we don't get any other FUD on the market it will be safe to assume that we reached the bottom. Though, we need to watch this level closely. If the price breaks 1000$ with enough volume, we are going to see at least 600-700$

Shinnait

Ascending triangle pattern + very strong fundamentals.

Shinnait

We clearly see a descending triangle forming, which is more bearish in a downtrend. To break the downtrend we will need to cross the resistance of the triangle.

Shinnait

We touched a very strong support right now, we also can notice a bullish divergence. Bulls are getting weaker, but there is still a chance that we break this support area and go even lower. I'm starting to buy back.