Crypto Screener › Forums › Bitcoin Cash (BCH/BCC) Forecast – Technical Analysis › Bitcoin Cash (BCH/BCC) Forecasts – November 2017 › Reply To: Bitcoin Cash (BCH/BCC) Forecasts – November 2017
As we can see in the chart below, BCH has been trading within the buyzone I indicated with the last BCH trading signal.
Looking at the day chart we can see that the RSI is above 50 which is indicating more buying pressure on the market.
At the moment my concern for most crypto markets is the following, should btc experience a major price drop it could very likely cause most altcoin pairs to drop in value.
In my opinion the green buy zone is still in play until we start trading at higher price levels vs BTC. Safe trades.