After slowly ascending BCH just broke the strong 400 resistance in a second attempt.
BCH is the winner of the day and reading the vibes of the community and current news on BCH we could face another strong ara of BCH.
On a weak trading day like saturday there was still a pretty recognizable uptrend that I currently don´t see stoping soon and BCH left all other majors behind!
Here is why indicator wise:
DMI shows clear bull strength
Ichimuko: Currently from 1m to 4h chart price always above the baseline and cloud!
(I currently only take clear ichi trades and lately not a single one of the signals failed)
The next stronger resistance is about 450 level. Enough air to get in and go long now.
I expect even 450 to be broken after a retracement. Remember BCH went up to over 800 in late august, another bigger move could be rising now.
Still this is crypto so follow closely:
Stop loss: trend following with I on ichi
My recommendation:
Follow Ichi signals closely for trend reversal, take profit, when 15/30min chart crosses the baseline significantly and other indicators confirm bearish reversal.
Your likes are welcome, good luck with all of your trades!
Investra
BCH is the winner of the day and reading the vibes of the community and current news on BCH we could face another strong ara of BCH.
On a weak trading day like saturday there was still a pretty recognizable uptrend that I currently don´t see stoping soon and BCH left all other majors behind!
Here is why indicator wise:
DMI shows clear bull strength
Ichimuko: Currently from 1m to 4h chart price always above the baseline and cloud!
(I currently only take clear ichi trades and lately not a single one of the signals failed)
The next stronger resistance is about 450 level. Enough air to get in and go long now.
I expect even 450 to be broken after a retracement. Remember BCH went up to over 800 in late august, another bigger move could be rising now.
Still this is crypto so follow closely:
Stop loss: trend following with I on ichi
My recommendation:
Follow Ichi signals closely for trend reversal, take profit, when 15/30min chart crosses the baseline significantly and other indicators confirm bearish reversal.
Your likes are welcome, good luck with all of your trades!
Investra