LuckyEarthStar

Long on Bitoin Cash - Realistic Target 8000-12`000

Long
KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
This is the fourth cycle in Crypto-currencies. Each cycle has a 3-4x of previous high.
The Third Cycle was in December, 2017; BCH ATH was at 4000 US Dollars, Bitcoins was at 20k, ETH 1.6K, LTC 360 US Dollars, ETC was at 44 USD Dollars.

Bitcoin , ETH, ETC went already 3x from previous ATH , LTC just went over the previous ATH , while Bitcoin Cash against BTC last week after a year and half, showed a BUY SIGNAL in SUPERTREND indicator and that lead to a price being pumped for 50% and at the same time, BCH went over the EMA RIbbon against BTC .

BCH against USD is also very bullish , the first resistance is 1,5k, second resistance 2,4k and third 4k.

My personal realistic target is 8-12k within 2months, we could see a price even higher but it is dangerous to wait. I will personally sell at the range of 8-12k.

Comments

long the top, thats how we roll
Reply