BCHUSD has been in this large correction for nearly a month now, we saw a breakout of the corrective pattern and I was starting to look bullish, however, price pulled back into the corrective zone leaving a little uncertainty. The impulsive way price moved out of the corrective zone is a good sign that we may see more upside to eventually break the All Time...
Hello everyone! So BCH hit the 0.618 FIB which happened to be the 2nd of the 3 support zones. It also hit the broken resistance line which turned into support. Now BCH has slow blocks, which makes it a lot easier to pump (it means users can't really deposit coins into exchanges to sell them, so the already restricted supply, gets more restricted). Miners sold...