BCH/BTC (Accumulation Phase?)
BCH/BTC
-Bitcoin Cash is back at previous 2 years Swing Low support late 2018 history
-Base from the bigger picture, it looks to be in the accumulation stage
-But it is gonna take more weeks or even months to confirm a true reversal
-If you are a long term holder, the market is good to add position
-While swing traders will wait for the trendline breakout to confirm the reversal
-There is always a risk in every environment so please use proper trade size management
-Bitcoin Cash is back at previous 2 years Swing Low support late 2018 history
-Base from the bigger picture, it looks to be in the accumulation stage
-But it is gonna take more weeks or even months to confirm a true reversal
-If you are a long term holder, the market is good to add position
-While swing traders will wait for the trendline breakout to confirm the reversal
-There is always a risk in every environment so please use proper trade size management
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Inquiry
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