🩸 $BCH ’s daily candlestick session just closed 5 straight bearish candles at once (-15.2%), with the current value at 276.2.
The longer the days are dominated by shorts, the more obvious the selloff away from the moving average becomes, and the conditions for a technical rebound are gradually building; but a rebound and a stop to the decline are not the same thing. Which direction do you favor?
#BCH
Opinions are for discussion only; you bear the risks yourself.
The longer the days are dominated by shorts, the more obvious the selloff away from the moving average becomes, and the conditions for a technical rebound are gradually building; but a rebound and a stop to the decline are not the same thing. Which direction do you favor?
#BCH
Opinions are for discussion only; you bear the risks yourself.