We are getting to the pointy end of the long term penant forming on the 4hr chart..
There have been indicators of slight volume accumulation in the last 12HR period, volatility has decreased and with a direct BCH trading pair launching on Bitstamp very shortly I think we could see a big breakout.
Price prediction: If we break through resistance at 1800 I think we will see a high of 2500, recommend setting sell order at 2450. With the subsequent next low and high to be approx 2000 and 2800 respectively.
There have been indicators of slight volume accumulation in the last 12HR period, volatility has decreased and with a direct BCH trading pair launching on Bitstamp very shortly I think we could see a big breakout.
Price prediction: If we break through resistance at 1800 I think we will see a high of 2500, recommend setting sell order at 2450. With the subsequent next low and high to be approx 2000 and 2800 respectively.