I don't like this daily chart price action in BCHUSD; Bitcoin/USD is a far more attractive alternative for the bulls.
In fact I would not touch BCHUSD after seeing its recent, highly-manipulated bullish breakout/waterfall decline.
Another leg down for BCHUSD remains a possibility; if trading it, be especially nimble on the long side.
Traders and especially investors should stick with the leader in the crypto market - Bitcoin.
I have no position in either coin.
In fact I would not touch BCHUSD after seeing its recent, highly-manipulated bullish breakout/waterfall decline.
Another leg down for BCHUSD remains a possibility; if trading it, be especially nimble on the long side.
Traders and especially investors should stick with the leader in the crypto market - Bitcoin.
I have no position in either coin.
