Bitcoin Cash Price Analysis

Below, on this chart, we can see Bitcoin Cash is hanging on a pretty solid point of support:

There is also another underlying point of support (diagonal) that the price is nudging against as well:

Momentum Indicators Do Not Look Pretty

Balance of Power RSI isn’t looking any prettier.

Nor is the Volatility RSI.

Until those clean themselves up and off, Bitcoin Cash is a no-go for me.

I’m curious to see what it does against these double support points though. It will either bounce up or its going to fall through. #OneortheOther !