$BCH Possible Breakout

23 thg 12, 2017

Love it or hate it, BCH from a TA perspective does look good here. Closed above the uppermost resistance trend on the 4 hour and quietly rallying vs BTC. FWIW - BCH did show relative strength compared to the rest of the cryptocurrency market yesterday during the violent spike down. While I do not like this coin from a fundamental perspective, this is a chart that is hard to ignore.. Failure on this breakout would be a 4 hour close below the support trendline on heavy volume.

Not financial advice.