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Bullish Pattern - Another Life Time Opportunity!

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KRAKEN:BCHUSD   Bitcoin Cash
Hello friends, BCH did not have similar run like other cryptos, though when looking in the weekly chart, I feel this is about to explode anytime soon. We broke above the long term down trend line but failed to break through the strong weekly resistance around $325. There are 2 ways to trade BCH; either buy when price falls to $230 - $270 area or buy after having clear breakout of the resistance at $325. I will buy the dips and hold until we have that explosive move "hopefully" according to the chart. Once it breaks the $325 hurdle, it can easily get to $470 then we will have to re-evaluate the price action before further upside/correction.

Please share your thoughts about BCH and if like this idea, please like and follow.

Thank you for reading through and good luck with your trades.

Dagangan aktif:
Entered today near $250 support and happy to add more in dips
Komen:
Up we go, explosive move ahead!
Penafian

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