BCH is getting sold off, and it's time to get SHORT.
As long as BCH stays below 255.10, it looks like it's going to continue its downward trend, and I'm going to be watching for a potential short trade.
BCH is below its SMA7 and SMA25, the 10-bar trend is pointing downwards, and the chart bias score is heavily weighted towards SHORT.
A daily close above 255.10 invalidates this setup.
Where do you see BCH heading next?
#MarketAnalysis #CryptoInsights
As long as BCH stays below 255.10, it looks like it's going to continue its downward trend, and I'm going to be watching for a potential short trade.
BCH is below its SMA7 and SMA25, the 10-bar trend is pointing downwards, and the chart bias score is heavily weighted towards SHORT.
A daily close above 255.10 invalidates this setup.
Where do you see BCH heading next?
#MarketAnalysis #CryptoInsights