P_S_trade

BCH 1D Strong buyer is gaining position for a long time, up soon

KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
It seems that large BCH investors still have big plans for growth.
Otherwise, we do not find another logical explanation, looking at the accumulation of coins during 2019-2020.

In 2019, the coin was sold twice above $380, fixing the profit.
However, during the 9 months of 2020, the coin was very diligently bought in a narrow range.
Also, at the end of 2020, there was a break of the historical purple trend - up, which stretches from a high $4,000. The beginning for strong growth is laid.

Now it is important for BCHUSDT buyers and manipulators that the price does not fall below $360-400, we take the average value, the level of $380 and record it in memory as the most important mark.

If the bullish scenario continues, it will be possible to buy tasty in the above-mentioned zone.
We will fix 300% profit, around $1200 for the BTC fork - BCHUSD .

PS:
We wrote about a possible BTCUSD cost fall two days ago in the weekly digest, read it in full)
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Comments

Good idea
+4 Reply
great idea
+2 Reply
Good work
+1 Reply
more selling later this week, mild bounce today.
bears are taking over for a few weeks at least.
Reply