Bitcoin Cash is ready
Updated
The BCH/BTC pair is ready for a bullish impulse. As you can see Bitcoin Cash has been consolidating while Bitcoin took off the past month. But now the BCH/BTC pair is sitting at it's YTD anchored VWAP and fibSMA610. Ever since Bitcoin Cash made a +2x parabolic move starting on 6/21/23, the BCH/BTC pair has been in a range between fibSMA987 high and fibSMA610 low. Therefore, unless it is proven otherwise, it is time to once again, go long Bitcoin Cash.
fibSMA987 = .008542
fibSMA610 = .006294
YTD AVWAP = .006258
BCH/BTC Trade idea:
Long = .006416
Stop = .006200
Profit = .008500
fibSMA987 = .008542
fibSMA610 = .006294
YTD AVWAP = .006258
BCH/BTC Trade idea:
Long = .006416
Stop = .006200
Profit = .008500
Note
Just in case you didn't do the math.BCH/BTC .008500
=
BCH/USD 315
Note
BCH/USD Bollinger Bands VWMA21 levels:Note
BCH/USD 12hr chart TTCATR21 levels:
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
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