BCH has formed a H&S pattern that is looking for direction.
Given the imminent hard fork on November 15th, it is more likely that the price breaks out on the upside.
Upside targets of this breakout would be around $690.
If bulls are able to do that, this will also result in breaking of the double top that formed around recent high of $646.
Wolf
Given the imminent hard fork on November 15th, it is more likely that the price breaks out on the upside.
Upside targets of this breakout would be around $690.
If bulls are able to do that, this will also result in breaking of the double top that formed around recent high of $646.
Wolf
Note
YOU MUST BE HOLDING COINS TO RECEIVE THE NEW COINS the Hard fork will happen on the 15th Thursday
Many exchanges are supporting the hard fork. Please do your research as to which exchanges are supporting. Bitcoin Cash.
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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.