BCHUSD (8h): Party over? Strong retrace possible ... 800 / 1000.

Due to the many turbulences of the last days at BTC BCH has gained a lot. Nevertheless, BCH is strongly centralized and BCH is dependent on few people. Certainly suitable as a speculative currency and for trading, but the current indicators tend to point to a clear downturn. Be careful.

Max. Targets down could be 1100 / 850.

Let's see what happens. Happy trading. :-)

Komentarz:

BCHUSD (1h): We touched fibo area at 0.38 at 1200. the train could go back up now. Maybe 1800/2000. Be careful. Its a mega fast train ... ;-) After that next retrace is waiting.

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BCHUSD (4h): Current situation.

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BCHUSD (DAY): Current situation in the Day-Chart. (Fibo also Day!)

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BCHUSD (4h): Current situation. On the trendline ...

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BCHUSD (8h): current situation. how strong is the resistance?

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BCHUSD (8h): current situation. price under bb center line

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BCHUSD (8h): current situation. bch broke resistance line. restistance could be re-tested. then more up possible. but the situation is still fragil.

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BCHUSD (1h): we see the re-test. more up possible.

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BCHUSD (1D !!!): interesting situation. bch has reached fibo 1 (1600 USD) in the time frame 1 day. Let's see how hard the resistance is.