BCH - 146 or 109 - whats it going to be ?

BCH dropped out of a bigger descending triangle with an end move of around 85 dollars .Whether BCH completes the full move to 85 remains to be seen,

Currently BCH is moving in a smaller descending triangle which has drop to the 106 area,

However BCH could also move up to test the bottom of the last larger descending triangle which is at around 146.

Anything is possible in this crypto market so for BCH im 50% in Crypto and 50% in FIAT . Depending on how the market moves ill also move accordingly.

Kommentera:

BCH could also stop at the bottom of the smaller descending triangle at 122 and retest 146 from there .

Kommentera:

there is a death cross forming on the 12 hour for BCH which points to a possible move lower

Kommentera:

death cross forming also on the 23 hour candle . these are bigger time-frames which can equal bigger moves down,