BCHUSD is fixed above the $ 1200 level and is preparing for growth. Volume analysis shows the initiative of buyers, so the nearest target will be $ 1,280. Priority of the day: buy BCHUSD with a target of $ 1280. Bitcoin Cash moves at lightning speed, so there may no be a big correction after all. Projected scenarios: 1. Buy BCHUSD from $ 1200 to $ 1280. 2. Bitcoin Cash may not go anywhere and stay in flat until the end of the day. An alternative scenario: BCHUSD with $ 1200 can drastically go down to $ 1100. We hope that this will not happen.
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.