This is a call for caution for anyone who wants to make an investment in the BCH/USD pair.
Mainly, we are at a time of high volatility due to the pause of the Segwit2x.
And, in this pair (BCH/USD), market sentiment has changed from bullish to bearish according to the Ichimoku cloud inversion. However, the RSI above 50 indicates that we are still in a bullish trend .
We are facing contradictory signals here that indicate it is not a good idea to trade at this parity for now.
Mainly, we are at a time of high volatility due to the pause of the Segwit2x.
And, in this pair (BCH/USD), market sentiment has changed from bullish to bearish according to the Ichimoku cloud inversion. However, the RSI above 50 indicates that we are still in a bullish trend .
We are facing contradictory signals here that indicate it is not a good idea to trade at this parity for now.