Bitcoin Cash / Bitcoin
Panjang

Bitcoin Cash about to breakout towards new heights ?

525
Technical analysis shows BCH/BTC about to breakout from a wedge.
The direction in which the movement will go is not totally clear, but combined to fundamental analysis we could guess a breakout towards long view.

I think we could see the pair approaching 0.3 BCH/BTC within the coming weeks.

--> Long opportunity with the following level to take profit : 0.199, 0.248 & 0.298

However, as their is a risk that break out goes also in the other direction I would strongly advise to add a stop loss around 0.135

This only reflects my own view and is not an investing advice.

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