BCH has been forming rising wedge reversal pattern in intraday chart (1 hour). This can be turnout to be short reversal. The pattern can also some time act as a continuation. MACD is showing weakness in BCH.
Keep an eye on rising wedge trend line (pink line), if trend line breached down side, expect 1390.
Keep an eye on rising wedge trend line (pink line), if trend line breached down side, expect 1390.
Trade closed: target reached