Every time Bitcoin Cash corrected it made a reversal of 38.20% who knew it they did short at 38.20% level and made profit by shorting.
Currently Bitcoin Cash is forming a descending triangle on the daily and the 4 Hour Chart. if you want to enter look for 400$ level if it become stable on that area.
Currently Bitcoin Cash is forming a descending triangle on the daily and the 4 Hour Chart. if you want to enter look for 400$ level if it become stable on that area.
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Now, On the 4 Hour chart Ichimoku Cloud holding the price.
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If BCH respect the support area 400-410$ then we can see a bounce back if break the support are and descending triangle next support will be 350$. Long term bear target for Bitcoin Cash is 270$-290 (this will be the Bottom)