Sherem

BCH making big moves

Long
BITFINEX:BCHUSD   None
We just saw BCH make a $100 move in 2-3 hours. It's noteworthy and worth a look at. If we pull up a weekly chart, we can see that BCH is sitting on this massive weekly trendline. If we get a solid Cross on the weekly MACD with a break above the 650-700 area, we are going much higher.

Targetting the $1,600 area. I have been long, and there are more reasons to hold now.

-Sherem


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.