Nickonomics

Bitcoin Cash (BCHBTC): Is Cash King?

BITFINEX:BCHBTC   None
The recent sell-off in Bitcoin may benefit it's Cash spin-off. The price is making attempt to break beyond the pitchfork , putting downtrend in danger. To me, the break of 0.1045 level will be a trigger for buying here with some 20% upside potential.
Comment: Price is sliding along pitchfork lines. There is no safe entry yet. It would be great if price made another low below 0.0684. It would complete the divergence pattern and allow us to buy at the bottom. Alternatively, I will be looking go long if price rises above 0.1020. For now, our task is to set appropriate alerts.
Trade closed: target reached: Hope you got in the trade and made this 20%. The power of alerts
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Soon?
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Long??
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Nickonomics SkiF-Dnepr
@SkiF-Dnepr, Not yet. We're waiting for 0.1045 break to enter here. Add alerts to watch it.
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