Bitcoin cash has to hold the $2400 level for the trend line to hold. There is a short for bitcoin which may impact bcash, so be cautious.
If bcash can hold up against bitcoin, expect a rally in the next few days or weeks. There is the upcoming change of the address for bch as well as it will be added to a few more exchanges.
If bcash can hold up against bitcoin, expect a rally in the next few days or weeks. There is the upcoming change of the address for bch as well as it will be added to a few more exchanges.
Comment:
Bitcoin cash found support, hopefully you bought the dip.
Comment:
BCH is consolidating around the $2400 range. Waiting for a breakout in either direction.
Buy orders shall be placed above the $2700 mark, which would be a good sign that the bulls are back. I expect strong resistance at $4000. So sell orders could be set below that.
Long term I expect BCH to push past the ATH to $5,000.
Buy orders shall be placed above the $2700 mark, which would be a good sign that the bulls are back. I expect strong resistance at $4000. So sell orders could be set below that.
Long term I expect BCH to push past the ATH to $5,000.
Trade active
Bitcoin cash should find support around the $2200 levels if you want to place buy orders for long trades.