Sherem

BCH, what a move!

Long
COINBASE:BCHUSD   Bitcoin Cash
Wow! BCH continues this massive rally! We can see that BCH has rebounded hard off this 100 level, DOUBLING in a matter of days. The question is, can it do it again? I think so. it has a ton of momentum and literally no resistance until this 400 level. (it's in the process of bekaing the only real resistance at this 230-250 level) Once we hit that level, expect some retracement, probably back to 300, possibly 200. If the bull run stays in tact we will see BCH post gains to 650. This is really predicated on where BTC and ETH end up around the Constantinople hard fork.

Happy trading and hodling!

-Sherem

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