BTCStrategies

BCH slightly overpumped - some retractment from 1400 barrier lik

BITFINEX:BCHUSD   比特币现金/美元
We're currently over-valued given the last toe hold of the previous major dip. The previous toehold should have been considered the "fair price" and I don't think that they're going to stick around past a 10% gain from their last investment. The last close was a loss and the volume doesn't indicate that the price will stay in the RVI sweet spot.

However, if the RVI stays in the pocket and VI + stays above 1.1, we could see another hard pump into the green fib.
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