Bitcoin Cash bouncing off the support 3 times. Divergence seen in the RSI and Money Flow Index vs Price Chart. We could see a breakout and a big move soon. Hopefully because I just bet on it. I feel like it is a safe bet because right now Bitcoin Cash is around 13% of Bitcoin, which is quite low. I can easily see it jumping to 20% of Bitcoin before year end and...
Needs to establish itself with a strong support and then move up towards the resistance line.
Closer look at previous idea. BTC hard fork will bring about similar growth as the previous fork.
A move above $13 is positive and a move above $14 is confirmation of an upward trend toward the $19.50 market. Also to note that ETH will be moving away from mining with metropolis, these mining profits will move to other coins. One would suspect that ETC would benefit.
Bouncing off support, profit on move towards trend line with minimal risk.