WouterNRS

Can BCH hold bottom of ascending channel?

WouterNRS Updated   
COINBASE:BCHUSD   Bitcoin Cash
BCH is still a bargain when you compare it's price against BTC.

If BCH is able to hold the bottom of this channel the rally afterwards might be a great one!

Indicators are definitely moving toward oversold on the 4hr charts.

According to fib retracement BCH is trading in a nice reload zone at the moment.

Let's see what the next hours/days will bring

Cheers,

W
Comment:
BCH broke back into channel and flipped resistance into support. Ready for higher targets
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