DigitalKM

BCH to Mimic ETH

Long
KRAKEN:BCHUSD   Bitcoin Cash
This idea is simple. Can you see what I see?

Bitcoin Cash is breaking and looks to close beyond its previous high of around $475.
This chart looks very similar to what we have witnessed so far in the Ethereum cycle and the Wallstreet Cheat sheet guide.
I am a buyer here of BCH from a technical perspective.
Things could get very parabolic soon. Bare in mind that this is a weekly chart.
BCH may give buyers another chance to get in on support and resistance flip (Just like ETH did at $283)
However, ultimately, the move is clear up to $2500 and beyond on BCH

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