BCH aftermath consolidation/orientation

15 Kas 2017

BCHUSD finds consolidation in the lower 1000's
MACD + RSI sloping down since breakout correction - bulls stength weakening!

BULL scenario (less likely):
Technical bull pennant would send us to the 127% fib target / 3400
Unlikely scenario of ~20/80 in the current crypto market, where #BTC shows strength + alts on distribution with bull tendency

BEAR targets:
- 1000 (psychological)
- 905 fib 23%
- 740 recent uptrend support (weak)
- 630 before breakout consolidation (weak)
- 500 summer long term trend (ultimate target)

16 Kas 2017

İşlem aktif

BEAR direction - Target 1 - 1000 touch

16 Kas 2017

İşlem aktif

Two times support bounce - exactly on the last ATH of Aug-19 at 995

16 Kas 2017

Not

On the hourly (H)

17 Kas 2017

İşlem aktif

BEAR direction - Target 2 - fib 23% close on

22 Kas 2017

İşlem aktif

Sqeezing out further at the same levels as -1 week (Play>). Targets remain valid.