BCHUSD -- Bulish New Rally to 4.5K and above

Updated

Happy New Year !
Tested all the previous lows from past 3 weeks and with good consolidation and oversold condition. Time to move up.

Previous Analysis

BCHUSD Time to move up ...toward 4.5k and up

Note

twitter.com/GenesisMining/status/947876306682867712

news.bitcoin.com/bitcoin-cash-used-to-pay-for-music-records-gift-cards-plastic-surgery/

Cloud-based cryptocurrency mining company Genesis Mining yesterday announced offering Bitcoin Cash as an automatically traded option

Note

Not sure about this news

Leak Hints Bitcoin Cash to be Added to Purse, Amazon Intermediary

trustnodes.com/2018/01/02/leak-hints-bitcoin-cash-added-purse-amazon-intermediary

Note

The new rules of the central bank or will promote the popularity of bitcoin cash BCH

donews.com/news/detail/4/2981996.html

Note

SBI BITS and nChain Announce Strategic Partnership to Support Cryptocurrency Security and Bitcoin Cash

sbibits.com/download/Press_Release_SBI Group_nChain_strategic_partnership_EN.pdf

Note

Patience is key.

Note

BCH - Smart Contracts

coingeek.com/amaury-sechet-bitcoin-cash-smart-contracts-simplicity-key-security/?utm_source=dlvr.it&utm_medium=twitter

Note

The codes for the new address format called cashaddr have just been released for which Sechet targets a January 14 deployment. Apart from the new address, a leap from the current 8Mb block size to 32Mb is scheduled on May 15 this year, and another upgrade coming six months after, falling on November 15.

Note

New Chart - LTCUSD

Note

perfect bounce ... Patience is key.

Note

good moving crossed intermediate resistance $2600 on gdax

Note

ccn.com/bitcoin-cash-surges-3800-korea-amid-flurry-mainstream-media-coverage-roger-ver/

Note

so far this solid bullish bounce .. Patience is key.

blockexplorer.com/news/blockexplorer-support-bitcoin-cash-bitcoin-legacy/?utm_content=bufferc57ba&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

news.bitcoin.com/calvin-ayre-declares-bitcoin-cash-the-only-bitcoin/

Note

Trade Active

Note

3rd time resistance at 2650 to 2700 area ... so with all the news ..i am positive that it will pump like never before ... wish all your trade reach ATH... this one too :)

Note

We are on trend line 3 ...Trade Active

Note

Trade Active .... on Trend line 3... long run might cross all the Tp2 by month end ...will prepare new chart that time ...

Note

Patience is key. ... still suggest to hold on wait for market to absorb all the news bouncing around ... expecting it to settle at support 2 and if you are following money management you can add more man ...

VishalTR

Disclaimer

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.