I can also break the support line (near the stop loss signal) and offer a good buy opportunity around the Buy Zone.
STOP LOSS : 2200$
Buy Zone : 1900-1700$
TARGET 1 : 3000$
TARGET 2 : 3200$
TARGET 3 : 3700$
TARGET 4 : 4300$
TARGET 5 : 5100$
TARGET 6 : MOOON
This is just an idea, not a trading advice.
We can see 2 consequences for this new coin arrival :
- The BitcoinCash plus is mass adopted and the Bcash is abandoned. Because the features are really better and are a real improvement of the current Bcash. (less likely)
- This new coin has not effect, and the Bcash continue to consolidate. It can also highlight current BCH features and produce a new bullish trend line for the BCH.