BCH Closed Inside Bollinger in Daily

Jun 16, 19

BCH Closed Inside Bollinger in Daily

The red arrow shows yesterday's candle that barely closed inside the Bollinger Bands. Recovery has begun but we can see one more downwards plunge before going back up again.

The hourly chart has more information:

The green candles pointed with blue arrows are pure buy candles signifying that the price will go down a bit. The red arrows show the candles which will give reason to BCH to go. The right most red arrow show a candle closing outside Bollinger Bands and that is again a welcome candle for Bullish Bias.

I will wait one more daily close to confirm by Bullish Bias. However, for now it should stop falling the way it fell yesterday


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