TradingView
filbfilb
Nov 27, 2017 11:58 AM

BCHUSD targets without bias.  Long

Bitcoin Cash / U. S. DollarKraken

Description

Case for Up:

Conflunce on Fib levels which match targets:

- H&S bottom Gives us a return to the 78.6% fib extn. c.$1950-2000 where we will meet resistance.
- C&H: we will probably retrace from the H&S target to the top of the cup which will then look to retest the previous highs at $2600 and complete the ascending triangle.
- Ascending triangle once broken we are looking at the 1.618 target range of $4000- 43000.

Comment

Nice bounce off support

Expecting BCH & the other coins to follow BTC soon.

Comment

If bitcoin can keep its head up BCH is going to start making some big moves v soon.
Comments
KLYP_Investment
no bias is always important to us :-)
KLYP_Investment
nicE !
bossl1fe
why are you shilling for core on twitter?
ruraldisturbance
Hi Phil, what exchange are you purchasing BCH through currently?
filbfilb
@ruraldisturbance, hello! I am trading on a uk platform at the moment called IG which is entirely cash settled similar to what the cme futures will be like... they do all the hard work on the exchanges behind the scenes. I’m just trying it out at the moment as it’s tax free gains and it’s a platform I use for traditional markets.
ruraldisturbance
@filbfilb, Awesome thanks for the response. Im looking for an exchange to buy through here in the US.
More