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BCH, Find Support, Indecision area

BITFINEX:BCHUSD   None
We can find that BCHUSD struggling at its support level now. Good news is we find a lot of supply at the current level, the bad news is the bulls are not even strong enough to make it run.
Currently, it is not a tradable area, be patient, unlike LTCUSD, we are not even lower than historical lowest price, so there still some space for it to go lower.
keep it short, if we break the channel, we shall face a nice 10 to 20 days bullish run, but if we beak the lower boundary, don't just hold, we may go down for more than we can think.
Keep safe and calm, we will profit finally.

כתב ויתור

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