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EuroMotif

BCH/USD leading the pack: Bitcoin Cash to 172 before retrace?

Bitcoin Cash (COINBASE:BCHUSD)  
EuroMotif Mod Updated   
COINBASE:BCHUSD   Bitcoin Cash
Support and Resistance Fibonacci
6
5
supportandresistance fibonacci
As we all know, Bitcoin Cash lead the most recently rally.
It still looks the strongest of the majors, targetting 172.
If it reaches 172, then time to evaluate a retrace path.
Comment:
Just hit some resistance at the 5.618, but was pierced so we should be able to come back and surpass it.
snapshot

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Comment:
Target hit
snapshot

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