sipoloso

BCH, another ride up

Long
BITFINEX:BCHBTC   None
If BTC really does break resistance, it will not be hard to find coins to jump in and make profit, but till there, let's use what we got

Zooming out, u can see BCH already broke out of a resistance that started last December's higher high, wich is already reason to believe its gonna start to trend up now

Stoch pointing up, and some suport at RSI

Besides that, it is also forming a falling wedge, that might gives us 20-30% profit at a short time frame

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.