BCH looks very bullish going into 2020. Targets are listed on the chart. I think there is a very high probability of reaching toward $500 before the end of 2020, and will likely continue trending upward into 2021 as long is it stays above the rising support. In the short term, I would take some profit just a tad below $500 as it goes toward obvious double-top resistance. Going into 2021 if it breaks above $500, I would keep my eye primarily on the $650 to $800 zone as core resistance and take profit there. $1k is a technical possibility, but let's see what happens at the lower levels first.
Trade active:
Maybe one of the last opportunities ever to get in below $300.
Comment:
Between here ($600) and $800 is a great place to take profit and wait for a pullback to reload. Looking back on this publication, I didn't put enough targets on the chart. There are key resistance zones at $1600 and $2400. I wouldn't be surprised at all to see BCH take a crack at $2400 before the end of the year.
Trade active:
Rebuy at $370