BCH/USD by SNE 10.08

BCH/USD by SNE 10.08

Bitcoin Cash looks good for accumulate Short position.

Price brokeout Strong support line (S) and is below Moving avarages (100, 200).

Then BCH consolidate below S-support in trading range - that is good signal for planning Short position.

Now this range broken! Its strong bearish signal. Waiting for continuation of descending movement.

Use targets which shows on the chart. Do not forget about risk management, use Stop Loss!

Analysis by @SupernovaElite

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