This is where it gets compicated for me. So we were in this huge rising channel for BcH any time it tapped the bottom channel it was a buy and when it tapped the top channel it was a sell as one point as I’ve talked about we broke out of it and held support for some time on it. We eventually lost that support and here we are. Now 500$ is a key key support. Daily RSi is over sold. Personally I like this level but I’m ok with not getting a bottom. I want to see the trend turn around a bit. I longed BCh from 478 and sold at 1550 that was a great run for me. No here we are again. However since we are out of this channel. The break down of the channel is 280$.
Chart PatternsTechnical IndicatorsTrend Analysis

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