meszaros

BCHUSD is in correction mode...

Long
BITFINEX:BCHUSD   None
BCHUSD is in correction mode. We also expect a similar wave movement at this exchange rate as the lightcoin dollar pair. That is why similar motions are similar. In our opinion, the exchange rate is in front of a larger rising wave. Its size may be reduced by a possible intense dollar strengthening. However, according to current data, the rate of appreciation up to 775 USD is considered realistic. If there is a momentum on this path of strength that assumes significant gains, the exchange rate may continue to have a 3-wavelength wavelength. At this time, the primary target price would be 1000 usd in the second target price of 1265 usd.

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