Bitcoin cash risk to fall

[bayiajaib]

We had recommended buying Bitcoin Cash on a breakout above the range, however, the bulls could not push prices above the 20-day EMA and the overhead resistance. Now, the bears are likely to push prices to the lower end of the range at $1,150. If the BCH/USD pair breaks below this support, it is likely to fall to the pattern target of $950.

Our bearish view will be invalidated if the cryptocurrency breaks out of $1,355. 

BCH is one of  the best crypto, I think  It will more popular and more valuable at the next year.

[therozaq]

We had recommended buying Bitcoin Cash on a breakout above the range, however, the bulls could not push prices above the 20-day EMA and the overhead resistance. Now, the bears are likely to push prices to the lower end of the range at $1,150. If the BCH/USD pair breaks below this support, it is likely to fall to the pattern target of $950.

Our bearish view will be invalidated if the cryptocurrency breaks out of $1,355. 

No I am sure the price will rise again. Bitcoin cash is very potential crypto, It will be the next bitcoin.Lets see.

[dekafee79]

bch is dumping fast. why?

In my opinion, because bitcoin value  affects all altcoins price. So It is normal..It just market correction.

[Polisi tidur]

bitcoin cash will never fall, because bitcoin prices are now on the rise, and this is the beginning of bitcoin revival

[getit]

At the time, the whole market was bleeding and so it is expected to fall. Using this period to assess it's stability is bad. Though it has fallen below $900, I do believe it will make a significant rise by the end of the year

[Mbah Jenggot]

We had recommended buying Bitcoin Cash on a breakout above the range, however, the bulls could not push prices above the 20-day EMA and the overhead resistance. Now, the bears are likely to push prices to the lower end of the range at $1,150. If the BCH/USD pair breaks below this support, it is likely to fall to the pattern target of $950.

Our bearish view will be invalidated if the cryptocurrency breaks out of $1,355. 

No I think bitcoin cash will be more stable at the coming year. We will see bitcoin cash will be on the top.

[moonking]

We had recommended buying Bitcoin Cash on a breakout above the range, however, the bulls could not push prices above the 20-day EMA and the overhead resistance. Now, the bears are likely to push prices to the lower end of the range at $1,150. If the BCH/USD pair breaks below this support, it is likely to fall to the pattern target of $950.

Our bearish view will be invalidated if the cryptocurrency breaks out of $1,355. 

It has fallen to 630 since than, so I guess they were correct, but everything else has fallen too.  Maybe we will still see prices above $1,150

[BestSSS]

Today, Bitcoin Cash has grown again by almost 13 % and thus for 3 days the growth was more than 20% - This is an excellent indicator and I think it's worth fixing the profit and go back to bitcoin!

[pangeran]

not only does the bch fall, but almost all coins fall, maybe this is indeed a game from investors to panic small investors, so that big investors wait at the bottom price

[DanielMidy]

The down market is not over yet, and there is a possibility of continuing to kill at any time. This wave of downswing has caused some indicators to oversell again. From a short-term perspective, there is a rebound or a consolidation trend. However, to reach the bottom still needs time to wait, and the bottom supports downward movement. If BCH price effectively fell below $450-460, and the space below was further opened.

[marshmellow]

Many bad news overwrite this bitcoin cash. I personally have not dared to invest in this coin because there is still a lot of bad news about BCH. So, I just made this BCH coin to be mined.