In wake of the coming fork, i believe attention somehow will find it's way to Bitcoin Cash.
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Here's what i mean by breaking out:
Once 360 goes, it's a safe long.
Order cancelled
I believe crypto is a bout to experience a larger correction. Even though BCH is bull, it'll be pulled down along the rest of the market. Look for a good entry when BTC bottoms out.
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Question is wether BCHUSD can sustain the growth while the rest of crypto falls apart. I believe we saw it once before.
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Interim target close at 600-620.
Bigger picture:
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Long this
Note
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About to break upwards
Note
Trade closed: target reached
I closed earlier at 570. I believe we are due for a small retrace to 430-450 area before more up later in November. I'll post a new BCH trade soon.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.