It might trigger a bullish signal from this zone, I don't know if it will be viable to trade it, to expect a profit in $BTC terms, but it will likely be tradeable using USD, or margin positions at FTX with BTC collateral, as long as risk is under control.
Upside suggests it can rise over 2k usd over time as per the green box and white arrow.
Cheers,
Ivan Labrie.
PS: BCH is not the real Bitcoin, nor is BSV.
Upside suggests it can rise over 2k usd over time as per the green box and white arrow.
Cheers,
Ivan Labrie.
PS: BCH is not the real Bitcoin, nor is BSV.
Comment:
Could remain sideways for longer, but if #BTC recovers it might jump as well.
Comment:
Acting weaker than btc of course, USD chart fighting resistance.
Comment:
Acting as expected overall, which is remarkable.
Trade closed manually:
Considering it's BCH, that was a pretty decent rally.
Safe to say it will confirm soon.