Could it form a Cup & Handle?
The general consensus by those much more knowledgable than I seems to be that BCH will continue bear trend set in motion soon after onset, and that the upward trend seen today was merely a common capitulated exit bounce from dump.
This is merely a possible hypothesized pattern that we all know & love if trajectory continues within the parameters of the bull flag, followed by a bull candle breaking past downtrend. I do not offer any trading advice, but it would be interesting to keep an eye out for how this shapes up, would it not?
I'd appreciate any Ideas on BCH. Those of us who bought the bottom before the upturn had quite a day. There is a minority that is bullish on it, and mention the long term implementations of the larger block size, and there are those that say, "It's a Trap!"
Happy & Profitable Trading, Ladies & Gents!
This is merely a possible hypothesized pattern that we all know & love if trajectory continues within the parameters of the bull flag, followed by a bull candle breaking past downtrend. I do not offer any trading advice, but it would be interesting to keep an eye out for how this shapes up, would it not?
I'd appreciate any Ideas on BCH. Those of us who bought the bottom before the upturn had quite a day. There is a minority that is bullish on it, and mention the long term implementations of the larger block size, and there are those that say, "It's a Trap!"
Happy & Profitable Trading, Ladies & Gents!
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.
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.