Alteroc

BCH - Falling wedge - reversal at $675

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Alteroc 已更新   
BITFINEX:BCHUSD   None
Dear community,

Here is the pattern we are following on BCH and actually on BTC and ETH, LTC and other tickers.

The falling wedge is shown in purple.


All the best from the Crypto Space
Alteroc
交易進行:
Everything is on track so far.

I expect the downward movement to resume within 48 to 72 hours.
評論:
Downward momentum resumed as expected.

Now BCH is at support of the falling wedge. Depending on BTC behavior is can continues sliding along it to previous low at $600 or bounce back.
評論:
As you can see the trade is developping nicely.

On track
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