The chart for Bitcoin Cash vs Bitcoin (BCHBTC) is looking pretty good.
This was the one that was supposed to overtake Bitcoin, over and over, it never happened... It is worth 1% the value of BTC, still we trade.
Here we have the cup pattern in yellow which I tend to identify as a bottom formation.
We see on the left side of the chart that this pattern lead to a strong bullish wave.
Now we have a higher low compared to March, what can follow is another bullish wave.
Pretty simple.
The blue and dashed lines below the current price are for support.
The light green dashed lines are the targets.
Namaste.
This was the one that was supposed to overtake Bitcoin, over and over, it never happened... It is worth 1% the value of BTC, still we trade.
Here we have the cup pattern in yellow which I tend to identify as a bottom formation.
We see on the left side of the chart that this pattern lead to a strong bullish wave.
Now we have a higher low compared to March, what can follow is another bullish wave.
Pretty simple.
The blue and dashed lines below the current price are for support.
The light green dashed lines are the targets.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.