The BCHUSD rate is in downtrend.
Priority of the day: a decrease in the BCHUSD rate to $ 600.
Buyers were unable to raise the Bitcoin Cash rate, and it is rapidly falling. We plan to wait for a better situation.
Projected scenarios:
1. The BCHUSD rate will decrease from $ 660 to $ 600.
2. The rate of BCHUSD will be in flat.
Alternative scenario:
We are counting on an alternative plan - the growth of Bitcoin Cash rate. We will be waiting for the bounce of Bitcoin Cash quotation to $ 700, and $ 720. After that, we plan to earn on the rise of the Bitcoin Cash price. In the meantime, we wish to all bears to fix a good profit, but we will wait for the arrival of bulls.
BCHUSDTrend Analysis

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