J-BCH
Long BCH/USDTThe analysis I shared on bch/usdt on the 30/04 is probably my proudest- 52% increase in price in a week! The momentum on this pair points to further upside, it's all about finding a good entry point now. Right now seems like a good price for entry with next target projection at 2k. What do ya'll think?
BCH long position 1000%BCH strongly undervalued coin, capitalization of BCH is huge, BCH use the same way like BTC you can buy a cup of coffee, foods, cars, whatever you want for BCH.
Also, the GRAYSCALE portfolio consists of BCH for 0.5 B USD.
And the cherry of the cake, the capitalization of BCH started grow from 10 B USD to 26B USD for several weeks ago.
All TPs on the chart!
Happy trading guys!
BCH - Ready For ATH? Hi, this is my new update for BCH. 4-5 days ago I told you we are going to set a new higher high, and we have done it. We broke the resistances $1150, $1300 and right now we are above the resistance $1500. It is normal to see a pullback to $1300, but I expect if we close the candle above $1500 we may going to test the big resistance around $1750. If we break the resistance $1750 then we are ready for ATH and if we repeat what Ethereum Classic has done, then we are going to much higher prices in the coming days, so be prepared and don't PANIC ;)
$BCH/BTC temporary flippening?This will probably make me unpopular with some people, but then again, I just look at the TA so here it goes...
BCH was basically in a downtrend since it's inception and is now undergoing and uptrend which if keeps on track could possibly lead BCH to ~1.1 BTC target which is given by the fibs.
This in turn would result in a so called "flippening" with BCH having higher marketcap then BTC.
While most people view this as impossible, I consider it a possibility, but with an important taught in mind; If the targets hit, BCH won't stay there for long, therefor the flippening would be temporary.
💡Don't miss the great buy opportunity in BCHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0196).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BCHBTC is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 0.0236
TP2= @ 0.0265
TP3= @ 0.0298
TP4= @ 0.0326
TP5= @ 0.0340
SL= Break below S2
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