Looks like there is at least one more push up in BCH. Tons of confluence at 1050 USD. We had a massive triangle breakout followed by multiple ABCs. Also BCH/BTC looks fantastic. Will meet massive resistance at 1050. If we can get past 1050 and flip the resistance to support we could get out of control - but I wouldn't bet on it. Also take a look at BCHG - will BCHG follow GBTC?
Comment:
Look at BCH/BTC. Cup and Handle forming
Comment:
May retest between 440-470 as we retest the trendline and BTC.D rises. It may sting in the short term
Comment:
Area retested, bottom forming. BTC.D begins to rise off of resistance now turned support. Just be patient