Bitcoin Cash Monster Unleashed
WOW. We have been long Bitcoin Cash since $540. I was expecting a rally but this is a monster! BCH did what took BTC 3 years to accomplish within 3 months. BCH is now finding a new ATH. For now we can only hope for a retest of the breakout around $1000 to reload our position. This coin fuels lots of emotions/philosophical debates for traders which leads to FOMO when it breaks out. No one wants to find out they sold the wrong bitcoin!
Notice that the all time graph of BCH is on a bull trend and volume of buyers is only increasing. We use a fib extension to find possible future resistance levels.
BCH is a strong buy below the $972 support.
*Ignore the target dates on the target indicator I do not know how to remove those.
Notice that the all time graph of BCH is on a bull trend and volume of buyers is only increasing. We use a fib extension to find possible future resistance levels.
BCH is a strong buy below the $972 support.
*Ignore the target dates on the target indicator I do not know how to remove those.
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