BCH/USD.. I See a strong level of support @ 1.1K.. you can see it clearly on the weekly chart... I marked the weeks that respected this support level with arrows on the picture below. It just bounced of the support this current week... the 50ema on the daily is right around that support level of 1.1k wait for the break and close below for bearish confirmation...if we have a nice bounce of the 50 i see a recovery on the way (it actually did have a nice bounce already on 8.26.18 FYI just need some volume)... The market as whole has been pretty quiet and volume has been down look for a pick up in volume for strength confirmation...hope this helps
BCH/USD.. I See a strong level of support @ 1.1K.. you can see it clearly on the weekly chart... I marked the weeks that respected this support level with arrows on the picture below. It just bounced of the support this current week... the 50ema on the daily is right around that support level of 1.1k wait for the break and close below for bearish confirmation...if we have a nice bounce of the 50 i see a recovery on the way (it actually did have a nice bounce already on 8.26.18 FYI just need some volume)... The market as whole has been pretty quiet and volume has been down look for a pick up in volume for strength confirmation...hope this helps