Don’t miss out on this possible amazing buy opportunity.
Bitcoin cash, as well as other cryptos have been ona bullish run for the past weeks. Bitcoin Cash recently faced a temporary resistance that made price to complete a small bearish ab=cd pattern which turned to be a retracement on the daily/weekly timeframe. Yesterday, the price managed to find support at a previous area that has served as support in the past multiple times and managed to break above a small resistance on the lower timeframes and is currently now making it a support. If price manages to successfully break the major dynamic resistance created when it made the current higher timeframe high point (which should do because of overall trend), then expect a confirmation of a daily ab=cd pattern which could complete around the $1,000 price mark (marked on the charts). For those that are not in, could wait for a lower timeframe retracement and enter their positions or for those with bigger capital could enter now and stop loss should be below the previous 4hr swing low that was made. Good luck.
Bitcoin cash, as well as other cryptos have been ona bullish run for the past weeks. Bitcoin Cash recently faced a temporary resistance that made price to complete a small bearish ab=cd pattern which turned to be a retracement on the daily/weekly timeframe. Yesterday, the price managed to find support at a previous area that has served as support in the past multiple times and managed to break above a small resistance on the lower timeframes and is currently now making it a support. If price manages to successfully break the major dynamic resistance created when it made the current higher timeframe high point (which should do because of overall trend), then expect a confirmation of a daily ab=cd pattern which could complete around the $1,000 price mark (marked on the charts). For those that are not in, could wait for a lower timeframe retracement and enter their positions or for those with bigger capital could enter now and stop loss should be below the previous 4hr swing low that was made. Good luck.