- I believe BCH was on an ascending path last evening when the software upgrade/softfork was planned.
At exactly 19hrs when the block count reached the point of upgrade, due to what i suspect was either a glitch or an exchange drop (assuming), the value of BCH dropped dramatically (see -><- chart)
At that point traders panicked and it reversed the whole dynamic, sending the market into uncertainty, until it started a slow rise.
- BTC and BCH are going on a steady reversal trend, one to another.
- While BTC will fall we will definatelly see BCH on a bull run towards 2000$ mark
Comment:
Correction* - 21:00 Hr
Trade active:
I bought 10 BCH at 1310$ - will esell at 1450, buy the dip again at 1300 (first threshold) then sell at 1550$
Please comment with constructive thoughts
Please comment with constructive thoughts
Trade active:
Holding same position, BTC is on an upwards trend, but BCH manages to keep support above 1250$. There is strong support here, will go up in about three hours.
Trade active:
Still holding, I have waited for the BTC 7k mark to see if it will bring a trend reversal. It appears BTC is going strong, if it passes the 7200-7500 range it might go to the moon, taking BCH well under 1000$.
Order cancelled:
Tapped out, it will make a run in a reversal but only after BTC reaches a high resistance, which is not the case at the moment. I-m keeping a close watch on this as i want to buy in again