IvanLabrie

BCHUSD: If $BCH manages to break over this zone next month...

Long
KRAKEN:BCHUSD   Bitcoin Cash / U.S. Dollar
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 .
Comment: It is close to triggering the bullish signal here.


Safe to say it will confirm soon.
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.
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Comments

"BCH is not the real Bitcoin , nor is BSV"
needed to be said
:D
+1 Reply
IvanLabrie villar.martin
@villar.martin, yeah, it is a scam but it can surely be manipulated to pamp.
Reply
Thanks! Kimdotcom apparently has much faith in BCH, 3k in 2021 he mentioned in a tweet. As long as there will be BTC, there will be BCH as well.
Reply
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