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P_S_trade
Jul 13, 2021 9:44 AM

BCH 1D Waiting for Bitcoin Cash at $20,000 and there is no typo) 

Bitcoin Cash / U. S. DollarKraken

Description

In our portfolio of ideas, a series of accurate predictions for the BCHUSDT pair have gathered, it's time to continue it)

In January 2021, we wrote about buying BCH at $380 and possible sales at $1200


Further in May, they wrote that growth to $1,700 is still possible, and this is what happened, after which the cryptocurrency market collapsed together.
The price of BCHUSD fell by -77% - a lot, but another thing is interesting, the fall was aggressively bought off twice from $380-400.
That there is an aggressive buyer, we wrote in the previous ideas.

This combination of information suggests that the real bull run on the BCH chart is yet to come.

We think that below $400, buyers will not let the Bitcoin Cash price drop, that is, it is logical to try to gain longs with a grid on a spot in the $400-450 zone.
The first top targets are $1500-1650.
Correction to $750 and you can dream of moving towards ATH, which is close to $4000.

If the holders of 2017 say: $4000 is not enough for us - this is just our break-even point, but how can we make money?, We will say - it is not a problem)
For you, the market has the levels for growth of $12,000 and $20,000, respectively)

We will take this global idea as a basis and as we grow, we will add additions to it.
Therefore, write a comment under the idea and put like for that you received update notifications in future
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Comments
SignalProvider
thanks for sharing
where is your target bro?
P_S_trade
@SignalProvider, for now we wona buy near 400
ProjectSyndicate
find out shortly seems reasonable to me
P_S_trade
@ProjectSyndicate, nice to read this
koen59167
Seems like we arrived at our buy target. Are you buying?
P_S_trade
koen59167
Let’s gooo
ForexTrendline
Not bad, good luck! Thanks for sharing!
P_S_trade
@ForexTrendline, you are welcome
jojofang0901
good detail breakdown and overall updates my frd :) thx
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