BCHUSD that was then... this is now

Comparing the last major consolidation period to this current one. Now I know they look similar but that doesn't necessarily mean that they will play out the same. We must look to our own areas of support and resistance. But the thing to remember also is just how much of everyone's money is tied up in this coin right now. There isn't that much more left to come in and some of the holders that are in now might have bought at the top so there will be much downward selling pressure to consider.