BCHUSD 8h: BCH (BCC) maybe overvalued. 600 > 520 > ...

in my opinion, the constellation at bch doesn't look good. the downward trend has been tested twice. bch was able to recover afterwards. currently there could be another downward wave. the question is whether the bch can recover again. but the basic question is: is the bch a real alternative to btc? for the upcoming changes in btc, btc will continue to hold its position as the leading currency. bch is a normal altcoin. as such, I would rate the bch currently overvalued. should the bch maintain its position in relation to btc, a significant increase would be possible. the rise would then be out of the just emerging decision triangle.

Let's see what happens. Happy trading. :-)

코멘트:

bch (bcc) is currently difficult to analyze. no clear patterns are visible. everything is possible. sorry for this vague statement. my trend statement is still falling because the decision triangle has been broken down. but that can turn very quickly.

코멘트:

bottom of trendline touched. up possible.

코멘트:

support at 400. let's see if it's stable.

코멘트:

BCHUSD BCC (8h) close-up of the current situation

코멘트:

a new trend channel down could be possible.

코멘트:

bch update. let's see where we're going.

코멘트:

no strong performance compared to the other cryptos. let' see.

코멘트:

BCHUSD (4h) update: The downward trend has not yet broken.

코멘트:

BCHUSD (8h) update: the down trend continues. we are currently moving towards the end of a decision triangle. if this should be broken down, then the next big support could be at 100.

코멘트:

BCHUSD (8h) update: out of the box? let's see ...

코멘트:

BCCUSD (8h) update: maybe it's just a flash in the pan.