BCH-USD Bullish Pennant

29 ต.ค. 2017

Pretty obvious pattern to me. Hope it will break out as expected and reach 500-550 within a few hours.

30 ต.ค. 2017

ความคิดเห็น

This was interesting to watch the unexpected breakout happening on the down side. If zoomed in, you can clearly see how the price movement accelerated 2x-3x as it breached the triangle boundary.

I expected it to break upwards and continue previous trend as usual, but market conditions and BTC price surge influence made it go the other way. I think a lot of funds have moved from BCH to BTC at that time.