TECHNICAL ANALYSIS $BCH 13-JUL
The main trend of $BCH is bearish. The price decreased but did not touch the strong Demand zone of the daily $260 area.
H4 is having an up wave but this is just a recovery wave, likely to return to the $400 price range and then decrease following the main trend.
$BTC is also in an H4 recovery wave, so you should not enter BCH right now. Wait for the price to reach the Daily Zone to create an increasing structure and have more support from BTC before buying.
