I've called BCHUSD at bottom three times now and have been wrong all three. Lets see if this is the bottom... If it bounces off top of down trend channel, I expect more drop. If it breaks through, I see a possible lifetime cycle wave 3 impulse starting. I have buy stop set at 620 for breakout up just in case.
I'm not holding my breath on this coin, its been weak since it's initial impulse selloff. If it's still lacking volume and support, I think we will see sideways consolidation for a long time.
I'm not holding my breath on this coin, its been weak since it's initial impulse selloff. If it's still lacking volume and support, I think we will see sideways consolidation for a long time.