BCHUSD - Shaping up... but not yet there

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BCash in large ascending triangle formation which seems to indicate that a breakout may be pending. Support is building with people willing to pay more for BCash coins as time goes on but at the same time there is a ceiling price where more are willing to sell. If this plays out right the buyers will break through as inventory dried up.

If you’re brave then you could go long now and maybe scrape a few extra points but as for me I’ll wait for more confirmation.

Watch this space as it develops… I’ll update.
Tomorrow Bitstamp will list BCH and on Thursday BTC difficulty adjustment! I think this will boost the price.
+1 Reply
@money78, interesting. Thanks for the info.
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