CASH
Bitcoin Cash - I am waiting for a two scenarios I am waiting for a false break out
I do not exclude the second scenario.
False break out or break out ??
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Bitcoin cash symmetrical traingleBCH / USDT
🌟 Techincal Analysis🌟
The price was Consolidating last days and
Forming symmetrical traingle
The Higher chance it will break it up
Why ? Because
most tether coins moved recently but bitcoin cash not
If breakout upward happens iam sure we can see BCH trading in 3xx$ area easy
However break it down then we can see 220-200$ area ( strongest support )and i dont think that will happen unless btc dump (hard)
Please have a plan before trading
Good luck and happy trading 🌹
The Price of BCH/USD is Trending Downwards - What Is Next?Hi everyone, Trading-Guru here with an analysis on Bitcoin Cash. I expect the price to keep dropping along with the parallel descending channel after the bearish signals of the strong rejections on the $280 resistance.
Furthermore, I think it's a good idea to try and short it until roughly $230 but not any lower than that. It seems that the support around that level might have a reversal for us in store, so we can pick it up after a take profit with a long position again.