Let's face it.. BCH needed to shake out some weak hands. Those who have not yet sold are confident in the future of this coin. This builds a stronger base, which is needed in order to support rocket launches. Strong resistance expected at ~$400. This is the bottom of a local channel, and previous 2 year upper resistance. A break to the downside could go as low as...
BCH followed my last prediction from $380 to $500. What's the next move? **NOT TRADING ADVICE**
BCH broke through a two year resistance line at around $400, thus concluding an extended 2 year corrective phase. It also closed a key trading gap by retesting its previous resistance around $380. It's breakout was overbought, and a brief consolidation is needed. If it continues to find support at around $400, the next move will likely take it up to the next key...