PolarHusk

BCH/BTC TA Update (Painting a Bear Flag?)

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BITTREX:BCHBTC   Bitcoin Cash (BCHN) / Bitcoin
BCH/BTC

BCH broke the support area between 2690000 - 2630000 sats and currently struggling to get above the old support.
If Bitcoin Cash is unable to get above 270000 sats, I expect further downside to retest the old swing low at 240000 sats regions.
Though RSI is too extended below oversold conditions, we might see a pullback to the upside.

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