Long
Bitcoin Cash Trend analysis
As you can see, Bitcoin Cash has just started to bounce from today's low and will land on the trend line multiple times before its next big move up.
Note
Two possible scenarios:1. It completes the pattern and comes back down to the support line before a breakout happens.
2. It breaks out early. I think that this is very likely because on the BCH/BTC chart I made, it has already completed the triangle and even now appears to be breaking out.
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Related publications
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.