Bitcoin Cash / Bitcoin
Short

BCHBTC trend is down

240
Rejected by the weekly ichimoku cloud, the 4H 200 ema, with 4H RSI crossing under support and weekly MACD ticking down. In a descending wedge pattern. Target 0.01764.

Gap at 0.068 means that at some point in the future, price will reverse trend and head up. However falling out of the longterm descending triangle is bad, i can't imagine how that can be reconciled with the gap.

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