Bitcoin Cash is it correction over? And we continue higher?

in bitcoin •  7 years ago 

From chart below we see that Bitcoin Cash (BCH) daily trend is up (blue lines), but like any other trend it have corrections. It started when BCH hit all time high 824 eur(orange line). Yesterday price spiked above 548 what was correction swing high and closed there this is first early signal that maybe correction cycle is about to end and we will continue higher with main trend. In any case BCH remains buy on longer term view.

BCHUSD20170908_daily.png

Short term trend like 1h already up any dip below 520 EUR can be good opportunity for a buy.

BCHUSD20170908_2h.png

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