shaggad

Astonishing Find in the BCH Weekly Chart!! $300 By Dec 2019!!!

Long
COINBASE:BCHUSD   Bitcoin Cash / U.S. Dollar
Hello dear readers,

Don't forget to hit that like button!

I have found something very interesting that you all might want to see.

Bitcoin Cash , a fork of the original Bitcoin , is the 6th largest cryptocurrency by market cap, which makes it a very popular coin for investors.

(On a weekly time frame) I have discovered that the money flow index is the same level as it was when BCH was trading above $1000+, around $1400. Current price is $165.

This means huge amounts of money is coming into this coin, an amount that has not been seen since May of 2018.

What could this mean? I believe it could indicate accumulation of this coin. A bullish sign indeed.

There is room for BCH to trade higher and I believe the prices are a bargain right now.

We could see $300 range by December of this year.

What do you think? Why is the money flow so high right now while prices are barely moving?

-Shaggad

Comments

I think you will see $300 within the next few months...
+2 Reply
shaggad Hubris
@Hubris, Agreed. Thanks for your comment!
Reply
300 by december? as soon as bitcoins get a move up its back to 500 lvls
+1 Reply
shaggad Crypapi
@Crypapi, Thanks for the comment, this is a conservative view :)
Reply
Crypapi shaggad
@shaggad, Thank you too, my view was 2.5 years of crypto experienc :)
Reply
Crypapi shaggad
@shaggad, told you :)
+1 Reply
shaggad Crypapi
@Crypapi, :) Hope you made some money!
Reply
Crypapi shaggad
@shaggad, Indeed mate
Reply
Crypapi shaggad
@shaggad, Sold 345 on kraken
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter