WaineNZeddmo

BCHBTC 3H CHART BITCOIN CASH MARKET CONDITIONS

BITFINEX:BCHBTC   BCH / Bitcoin
After the rally that started 8/17, BCHBTC             pair found back support at 0.1385 and 0.1576 (which is 0.5 retracement).

Since this seems to be a bullish market, a break of downtrend line could lead back to ATH             . However, market is in range conditions.

Consider MA20 just crossed below MA50, which is a bearish sign.

WNZ
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评论: Pattern did not broke as expected but there seems to be a double bottom on the hourly chart
You will be able to get the LITCOIN, we will see if it matches the BTH as well.

Excellent analysis
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