JackieHuynh

BCH-USD is the monster going to be awaken soon

Long
JackieHuynh Updated   
BITFINEX:BCHUSD   None
I see the similar character of the current chart with the one in april
Compare for yourself and have popcorn to be ready ?




This post is for discussion 's purpose
Comment:
look at 1 week chart. Huge growth potentially
Comment:
rose up but stopped at resistance line. We are moving inside the ascending triangle
Comment:
the support line needs to hold for the ascending triangle pattern to be valid . BTC is dragging every coins down . Among ETH, ETC,BCH , bitcoin cash acts as the weakest one because its BCH-BTC doesn't go up yet
Comment:
we have just broken down the ascending triangle. However 795$ is an important pivot. If we can hold it within today, we can expect further up move. If we can't hold, I expect further drop to 700$.
With the recent bad FUD about rejecting ETF of Winkeloss, I feel like bitcoin is top already because people will think CBOE 's ETF will be either rejected or delayed
Comment:
breaking out of ascending triangle but no follow through. Now we jump back into the triangle. Thing looks much better now.
Comment:
heading to 880 which is the upper line of ascending triangle
Comment:
positive news pops up . Good manipulation for the dip . LOL
ethereumworldnews.co...er-dissents-btc-etf/
Comment:
up party is coming :)
Comment:
break down but no follow through so we are just sideway in bigger range. BCH is following BTC's movement

these are possible supports
Trade closed manually:
forgot to close this post :). Not a good time to stay in any alts with btc's dump
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