BCH is a great asset that has really seen a high price to a support level of 1644.33. After a downtrend, BCH had another bull run from 398.57 to 813.82. This has displayed the continuous power of buyers than sellers.
As prices approaches the 813.82 resistance level, will it be up for another bull run? Tell me what you think below
An idea for BCH
Included how I believe the MA's will play out, they can be identified with the arrow on the end
The curve provides a massive support
Even at the previous ATH it is a massive increase from where we are now
After I cheched week scale and 1D too, I got notice that BCH is making a cup and handle pattern even that we can see morning star/hammer candlestick pattern which confirm bullish trend, so also indicators shows that BCH is ready for this jump in 1 month.
Bitcoin Cash BCH about to breakout of trendline support resistance line.
Bullish Divergence also forming on Williams Vix Fix.
Same pattern occuring on Litecoin LTC, which makes sense since they
are closely correlated cryptocurrencies.
BCH has incredible potential
And this observation only exacerbates this potential
When the 200MA becomes visible, it allows the 50 and 100 to adjust to the 200's position
On the Bitcoin pair 1.618 is being tested, potential for a reversal
Incredible long term hodl
Not investment advice.
Think long term, don't shake it.
Bch , Btc cloned.
Bch is listed by reputable exchanges.
People who think Btc has increased so much Eth.
It tends towards coins like Bch.
Bitcoin will walk very fast to $ 10 thousand,
as it was in the early days. Then I expect a decline.
Silhouettes come one after another, he waits for a while...
BCH exited the downtrend and consolidated above the downtrend.
In February, a similar pattern resulted in a growth of 56%, which can be seen on the chart.
At the moment, the market is moving up into new price ranges, which gives us an opportunity to work on purchases.
We may look for an entry point between $575 and $615.
Stop loss may be set...