One day analysis of BCHUSDT447.7 sell/444 sell/ 449.5 stop-loss
Previous day P/L: 0
Price has been waving from 466~440 since 09 Dec, For now, the midpoint is at 453 and the depressure from MA20+MA50 is near the midpoint. Bulls are struggling to hold it back but the buying power didn't show very strong. There tends to be another breakdown to even lower than the previous low which happened at 06Dec. KDJ is spreading out.