I think December is promising for BCH next stage if it follows the trend outlined here. This is my optimistic outlook. My pessimistic one is that we have to wait until price drops to 600. Either way I think it's not a good time to take your eye off BCH.
The last bull took off when BCH made contact with major support line. You can see Ichimoku is pushed outward underneath this line. Right now it looks like BCH is break above Ichimoku, which could mean we are nearing a new bull phase.
The last bull took off when BCH made contact with major support line. You can see Ichimoku is pushed outward underneath this line. Right now it looks like BCH is break above Ichimoku, which could mean we are nearing a new bull phase.
Comment:
What do you guys think? We made contact with the bottom of the channel twice now, each time with a bigger rebound. Could the next one really take off ??