BCH Bears are taking control - next support at $189-$180Looks like bears are taking control. For long term trade next good entry would be around $189-$180. i think as soon as market recovers it would easily touch $320-$340 nearly double. please note these are my own notes for my future refernce and by no means any tradnign advise for anyone to follow. please do your own research before entrying into any trade. if you like my idea please like and comments.
Bchusdwedge
Bitcoin Cash correction is not over yet !Bitcoin cash crash to 410$ 2018 low till now. Going inside a falling wedge since 3rd week of May 2018.
According to 2 pol target we can see on the bch chart, the 1st target showing BCH to 260$-270$ and there is a Fib retracement level 127.20% at the exact target and the 2nd target is showing BCH to 410$-415$, at the exact target BCH did a bounce back as we can see on the chart.
Now there are two possibilities from the current market trades BCH can jump up to 600$ - 660$ to test as resistance. OR if BCH couldn't hold the support of 410$-415$ then expect Bitcoin Cash to see at 260$-270$. Yes, its possible.
BCH crashing very badly following a channel on 4 hour chartBCH is crashing very badly following a regression channel on the 4 Hour Chart and moving and hitting target exactly according to my previous analysis posted.