Looking at the current status of BCH, we are following an upward trend that has been present for almost a month now. This trend is approaching a resistance around the $1715 mark. Within the next week, we will most likely test this resistance again. Watch for a breakthrough of this $1715 resistance, I suggest taking profits a little before the $2,000 level as we...
Target: $2100 Stop-Loss: $1515 Bullish flag, symmetry with the pervious move up. Also Approaching mid-term trend line where it should bounce if it fails to break out of the flag beforehand. I have given 3 options on how it will play out. Target is correlated with the 1.618% fib level established from the previous all time high. Be careful of a break of this...
Fool Me Twice, Shame on Me Due to the fact that Bitcoin once again failed to break 8k, there is a solid chance that it will start a retracement. IF BTC does in fact start this retracement, BCH may have a chance for a solid rebuttal! Judging by the chart, BCH is attempting to cross the downward trendline that was formed from its previous high of $2800. My...
Stay on the lookout for yes, ANOTHER bullish breakout of BCH
Trade set up for this. All details on chart. We will find out within 1 hour.
Seildev here We have a nice pull back for our BCH/Bitcoin on 4 hour chart. We've had our 3 points of triple bottom 13th, 21st and 24th of October. Then we have seen a impulse leg to point B and pull back at 61.8% Fib. With these confirmations, if we can break through 0.09029 again then we can look for further targets between 0.10588 ~ 0.11356 Plan your...