BCH/USD pair analysis

My prediction in my previous post holds just for a few hours in short term. After 3 hours everything turns the other way. 

A breakout from wedge occurs upwards and now we are in take a break period. Long wicks downwards signal that bears have to forget to do some gains. Bulls is clearly wining a battle in short term. 

But momentum is fading away and bulls have to defend their positions. Let wait for a while and see the outcome of the struggle.

Image sources: Investing.com

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