Sideways is a 2004 American black comedy drama film directed by Alexander Payne and starring Paul Giamatti... but this isn't about the film.... this is about BCH!
Since Christmas BCH has been correcting... and here's a pretty nifty statistic for you, MOST, cryptocurrency coins and tokens retrace on average to 83% of their ATH ... But BCH is not your average coin... BCH has features other coins don't.... more on that MID MAY... So far BCH has corrected 85% and that percentage may get a little higher... not much higher though as
HALLELUJAH BCH is about to go into the last leg of the correction... the downhill run, the finale, the finish line... THE END!!!!!!!! OMG it's in sight.... the end is near... so close.... but still so far away!
So what we are waiting for is either a or a slightly lower low.... I have had a $500 target for a while now, and this is still quite possible... but that is ALL reliant unfortunately on what BTC does... for now :)
So if BTC hits my $4554.00 target BCH will be $500 and this is actually an amazing thing.... the percentages are starting to tighten at $500 BCH would be more than 10% of BTC ... And of course if BTC decides... I'm done with these stupid corrections... BCH will reach for the moon... and even if it misses... it's still a STAR!
A quick note also... I have no expectation that you will trade this coin... and I am not going to tell you why I think it is amazing (we would be here all night) But I will tell you come May... you will either be happy you listened... or wishing you did...
Safe and happy trading!
Remember minimise your risk, use a stop loss.
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS.... please like... I beg you this TA hurt my brain... so hard :P
Throwing a caution out here, if you are currently trading BCH there is a huge possibility this is a BEAR FLAG and could break down to retest $600 levels again