BCH tried to rally only to have substantial supply flood the market and bring it back down to the bottom of the trading range. In order for this trade to play out and reward our traders with hefty profits, a breakout must occur followed by a back up to the trend line for support to show that the market is now ready for a markup. This trade, although appetizing, requires patience as do all good trades. As of right now we will not be re-entering this trade because this could continue sideways for some time due to the amount of supply in the market signifying that BCH is not yet ready. However when we see that it has finished it's accumulation phase we will be giving the green light to get into this trade.
