On a relative basis, bitcoin cash was the worst performer out of all 7 of the assets in the top cryptos asset class during the day prior.
This is a reversal of the price action on the previous hour, in which price moved down.
Bitcoin cash outperformed all 7 assets in the top cryptos asset class since the previous day.
Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Getting people to find and use it is the hard bit.
This move is a reversal from the hour prior, which saw price move down.
So, not only will monero (#15) soon perform more transactions than the #5 coin, but all tx are completely anonymous and untraceable!
Roger used to do a lot of good for the bitcoin community, but take care: bch is fast and cheap to transact, but that’s all.
Of note is that the 20 and 50 hour changed directions on bch; they are now pointing down.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.