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b1tc0n
Sep 15, 2017 1:39 AM

Bitcoin Cash Trend analysis Long

Description

As you can see, Bitcoin Cash has just started to bounce from today's low and will land on the trend line multiple times before its next big move up.

Comment

Two possible scenarios:
1. It completes the pattern and comes back down to the support line before a breakout happens.
2. It breaks out early. I think that this is very likely because on the BCH/BTC chart I made, it has already completed the triangle and even now appears to be breaking out.
Comments
zzanggoo23
I hope BCH would go up but bitcoin will keep going down, which affects BCH. What do you think of that?
b1tc0n
@zzanggoo23, See this chart:
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