Updated
BCH where u goin?
Seems like BCash will be moving on a dead cat bounce pattern, but that is still to be confirmed. There are two demand zones which I see here (refer to the rectangles in the chart). These zones could be a potential reversal point, but if it goes down then expect BCH to go lower.
Note
A sell dump was made but buyers were fighting back.DMI confirms that selling pressure is getting stronger. If you have BCH now, close your positions!
Note
That huge dump was definitely a bad omen
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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.