BCH Analysis
There is nothing that look good about the BCH/BTC chart.
Technically the MACD and sRSI have buy signals, but I am still waiting on lower prices, or a confirmed reversal to open a trade on this one. I am watching it for an opportunity to trade, but I do not see one yet. Sure this might be the bottom, but I would rather wait and know it is before opening a position on this coin.
Bearish trend is still strong.
Can probably just watch the OBV and wait for it to break its bearish trends as an early (steep red resistance) and then confirmed entry (second resistance):
Technically the MACD and sRSI have buy signals, but I am still waiting on lower prices, or a confirmed reversal to open a trade on this one. I am watching it for an opportunity to trade, but I do not see one yet. Sure this might be the bottom, but I would rather wait and know it is before opening a position on this coin.
Bearish trend is still strong.
Can probably just watch the OBV and wait for it to break its bearish trends as an early (steep red resistance) and then confirmed entry (second resistance):
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