Bchusdtrade
Bitcoin Cash corrected 88.50% from its All Time High 4100$Bitcoin cash corrected 88.50% from its All Time High 4100$. Going under a falling wedge from May/2018. Now immediate resistance at 528$ and support at 48$ then 470$ if break we can see BCH at 400 to 415$ level. On previous swing high of BCH at 660$ 50 day MA worked as resistance. Trading at this level is very risky until more confirmation of price movement . At this time Bears are Stronger.
BCHUSD to shoot up if BTC remains stableBitcoin Cash looks like it will bounce back to the upper trend-line to test it again. However, this move will see an increase by over 20%, while at the moment all altcoins incl BTC are low and looks like they go even lower.
Let me know if you think BCH is strong enough to do it?
BCHUSD to test the funnel ~100 pips opportunityBitcoin Cash to test the upper trend line of the funnel. The green area should be the deciding point on whether it is going to breakthrough or continue in the same manner. I look forward to hearing your ideas too.
BCHUSD Ready for goes up from multiple support zoneBCHUSD Ready for goes up from multiple support zone.
