Long
BCH-BTC More pump is coming or done ?

RSI on 4hr has almost reached 90. I have played out some possible scenes for testing the green resistance line which is pretty important one.
if we can break above that green line, it will signal more uptrend with possible 3 targets planned out
Overall if you read all my posts, you must know that i' m very bullish on November and December for crypto.
THIS IS NOT FINANCIAL ADVISE.
if we can break above that green line, it will signal more uptrend with possible 3 targets planned out
Overall if you read all my posts, you must know that i' m very bullish on November and December for crypto.
THIS IS NOT FINANCIAL ADVISE.
Note
so we reach the green resistance line. RSI for both bchusd and bchbtc at an extreme ATH level now. It is very reasonable to expect a pullback at this level whether it is big or shallow pullback before we start attempting to break out of the green resistance lineNote
I can only say " BCH is on FIRE" :)).Note
current price of BCH is dangerous to buy in :)Note
critical support is approached soonNote
chart is saying Selling is decreasing significantly.Note
the nearer we approach Nov 15th the more nervous LONGer will be :). I m kind of disappointed that we don't have 1 more leg up . This shows weakness in the current market
Note
because it doesn't seem like we will have one more leg up, I think the action will start after the fork happens. The two factors will fight each other to prove that their coins are the bestNote
basing on what happens to BCHSV and BCHABC's price right now. I think this is the most likely scene to happen after the hard fork. Before hardfork, BCHSV will keep rising to trick the people to buy in and support it . BCHABC will keep dropping. After hardfork, BCHSV will drop hard , then BCHABC will start rising back up because it is strongly supported by Roger Verge and Bitman.Note
finally the fucking BCH drama fork is over. It is the reason crashing market hardDisclaimer
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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.