From Apes to Gorrilas, to NFTards, the 2022 is an exciting year, and it is not even over, we are just getting started.
OH and an honorable mention to all the Metaverse addicts.
__Quick Update __
I have been extensively busy with @VIE_Verse and @NexusWars_, you find them on twitter. So i don;t update TA as often as i would like.
As the bear market continues , the price can't break the resistance and it remains in the downtrend.
We expect 30 % dump before any significant bounce. If it happens BCH would drop to 75 $ which are lows from December 2018.
It also likely that we will see price lower than 75 $ in this bear market.
Any bounce probably will be a short lifted and the price...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, that I am not responsible for your investment decision.
BCHUSD (4H Timeframe)
A med-high probability, entry signal to go LONG will be given with the upward break of 116.60 after the market found support at 113.50. Only the downward break of 113.50 would cancel the bullish scenario.
Stop loss: 113.50
Take profit 1: 125.00
Take profit 2: 131.50
Strategy: Bullish Wave LTF
Saint Kitts and Nevis may be adapting BTC as legal tender in 2023, but that won't prevent the asset from retracing first, which works to the advantage of the savvy crypto investor. I see BCH reaching possibly beyond the 2.618% Fibonacci retracement level in the short term as the markets reset during this bear winter. We may markup, but any markups above TRR most...
The black sheep of the family, BCH, the forgotten child of the 2017 frenzy hard fork. Its actually an interesting project and already has a nice set-up of merchants in North Queensland and some places in the caribbean. I think this coupled with the fact it has enough supporters that believe it the project and are willing to buy the dips. I have to admit that the...