Anlvis

The future is now

Long
COINBASE:BCHUSD   Bitcoin Cash
Wherever you are ahahah; hello everyone, this is our view on bchusd, enjoy!

Anlysis:
Another alt for 2020. But here we find many strange features. This one is only an idea, as i didn't track enough trendlines to be as attendable as Litecoin prediction (probably they got that one too, so you'll only see it if you ask us. Alright then, bigger and smaller patterns are all very bullish themselves. We brokeout the bigger falling wedge, wait for daily closure above it, then it would be time to buy (expect a retracement by the way). As you can see we marked with fractals particular situations they repeat and if we followed 1st wave marked blue fractal we would repeat last bull run pattern forming a golden cross ma50-ma200. We'll just stop at ma500 on first wave. Big buyers are following Elliott waves patterns, so i hope they're. Wma50 is definetely holding the price up. Now overbought, but doesn't matter if we really want to pump it. Lately we brokeout ichimoku cloud and i believe we're not going down for a long time. Good growth for fisher from oversold and still running. Many laggings also formed bullish divergences (chaikin, moneyflow, rsi, stoch (14,3,3), uo). But many of them also made bearish divergences on smaller timeframes, so we'll probably retrace from overbought. Hanging with good momentum and in accumulation, so our hopes are very likely to occur. Accumulation in greed. No strategy, we suggest you should buy and hodl if you're an holder or keep scalping if you're a trader. Have a nice year of trading with good gains!

Strategy:
Otherwise follow this long-term strategy
Entry: 255.4-198.0
Target for this year: 494.6-637.5-1839.9-ATH
Stoploss: think of your risks
High risk, but they're cryptos and they can also give us big gains

Trade safe. Anlvis.
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.