Bitcoin Cash (BCH) - "The Resistance Free" Road Becomes to End!
Currently, Bitcoin Cash has made pretty nice recoveries but soon it reaches into the resistance. The resistance free area starts to become over and it is time to take some profits.
Those who are in mid-term position on BCH then they should consider taking some profit around $400.
Those who want to take risky short-term trades, right now, on BCH consider that the maximum what you will get is 28% (which is great obviously) but it is very risky.
Those who want to wait for a little correction, then technically a good entry area would be around $200.
From the technical perspective, this level should be pretty strong, add here some fundamentals, watch closely what BTC does, do Your own research, etc.
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice week,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
Those who are in mid-term position on BCH then they should consider taking some profit around $400.
Those who want to take risky short-term trades, right now, on BCH consider that the maximum what you will get is 28% (which is great obviously) but it is very risky.
Those who want to wait for a little correction, then technically a good entry area would be around $200.
From the technical perspective, this level should be pretty strong, add here some fundamentals, watch closely what BTC does, do Your own research, etc.
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Have a nice week,
Best regards!
*This information is not a recommendation to buy or sell, it is used for educational purposes only!
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