profit from bitcoin trading is so tiny right now
in term of percentage wise, BCH is much better
Bull cycle is back so we can 't skip the hated BCH :)
im waiting for a correction to join the party
in term of percentage wise, BCH is much better
Bull cycle is back so we can 't skip the hated BCH :)
im waiting for a correction to join the party
Comment:
correction is coming
Comment:
we stop at the downtrend resistance.
2 possible scene:
1. we will break it and target 1k. However considering that BCH is following btc and BTC looks top for now and due for a retracement. So this scene is less likely
2. Right now it looks like a double top (both chart and RSI), so we might have a pullback again.
In conclusion, a break of the downtrend line will tell us where BCH will head next
I also check BCH-BTC. It looks bottom but not quite yet , still have few more weeks(1 or 2) for finding true bottom . So right now BCHUSD should follow BTCUSD exclusively
2 possible scene:
1. we will break it and target 1k. However considering that BCH is following btc and BTC looks top for now and due for a retracement. So this scene is less likely
2. Right now it looks like a double top (both chart and RSI), so we might have a pullback again.
In conclusion, a break of the downtrend line will tell us where BCH will head next
I also check BCH-BTC. It looks bottom but not quite yet , still have few more weeks(1 or 2) for finding true bottom . So right now BCHUSD should follow BTCUSD exclusively
Trade closed manually:
new post :)