It's tempting to buy BCH right now but it would be a dangerous move, This thing is way too overbought and the probabilities and pattern are clearly for a drop back to the yellow line. I don't think Bcash will sill continue to go up and break resistance unless the whole market wakes up.
Stay tuned for more updates,
Fred
Stay tuned for more updates,
Fred
Note
We're midway targetTrade closed: target reached
BCH just touched the yellow line
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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.