Bitcoin Cash - What's the market holds for future

in #bitcoin3 years ago (edited)

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Bitcoin cash has been going down as with every major crypto including the likes of bitcoin itself as the market is in major correction. Bitcoin cash is also not looking, the price is in major downtrend and is created a support level in 300 dollar area and a base is currently forming in that area with multiple touches. To see a shift in market structure we need an impulse to upside to break lower high and make some corrections or accumulation to further continue to upside, at the current moment it's not looking good for the Bitcoin cash. We also have look for the support to be broken,if price manages to break that level, I would expect more movement to the downside at the current market situation

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