PI : BCHUSD DAILY UPDATE - 08/07/2018

8 Jul 2018

BCHUSD DAILY UPDATE - 08/07/2018
From 4,385.00 high, bitcoincash is showing a corrective structure that ended at 06/04/2018 high and while above that level, we should see higher. The first leg in the bounce reached 1,838.99 but I propose a FLAT structure with first leg at 1,439.00 high down to 650.00. Now, equal leg area from 4,385.00 high cycle projects 373.00-0.00, so daily is calling lower.
So, I don't like to buy at current levels and would prefer to see a break above 1,838.99 to take position around blue 2.

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16 Jul 2018

Catatan

DAILY UPDATE - 16/07/2018
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