quantguy
Panjang

Bitcoin Cash Competitively Priced

BITFINEX:BCHUSD   Bitcoin Cash / Dollar
Bitcoin Cash             remains ranging in the $2300 handle, just below the central moving average of the KRI             , though the band width of this indicator is contracting which could indicate a breakout is near. It does appear to be forming a massive dragon head pattern, and the Kovach Momentum Indicators are still bullish which may indicate that it is coiling up for another breakout. It does seem to be the last altcoin to get the memo, not benefitting from the fervor in Neo, Ethereum             , or Ripple, so we can consider it competitively priced in this space.

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Any update ?
Balas
quantguy ilkygul_
@ilkygul_, buy/sell side imbalance looks even. We just need a wale to come in and push the price past 2700's
Balas
thuggerchi quantguy
@quantguy, Theres an order in @ 2000 for 400+ BCH on gdax.. I don't think It will fall below 2k, but there are like 5 sellers selling 300+ bch around 2700.
Balas
quantguy thuggerchi
@thuggerchi, oooh shit!!!! Thank you for that!! That is definitely good to know, I don't use gdax...

yes, 2700 will be a tough level to crack :-\
Balas
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