BCH broke downward and prices descended even lower like predicted in the previous post. There has been a lot of selling of Bitcoin Cash and prices could always go even lower than this.

Looking at the technical side of things Woodies is suggesting that we are entering a bullish trend, if the market starts trading above 340 – 350 we should see some good gains on the bch/usd pair.

Support is at 320 short term speaking, I am considering a long position above 350.