Em4rk
Panjang

BitcoinCash - The dark horse in this race?

BITFINEX:BCHUSD   Bitcoin Cash / Dollar
Meanwhile BTC             is showing other coins who's da boss, BCH is gaining sick volume in South Korean exchanges. If this is contagious to other exchanges we might see really interesting race between BTC             and BCH.

It might just bounce in lower trendline or even break below it, if volume starts to drop. Another option is that BCH goes parabolic. If that happens, no one knows what can happen.

I'm not BCH fanboy, but it sure have some better tech then BTC             and is way more secured then SegWit2x with already bigger block size. Problem is that miners haven't adapted to BCH, but it is Chinese fork so who knows what might happen.

Feel free to comment and share ideas what will happen during this 2 week before SegWit2x fork will happen.
Komen: Looking good this far. We didin't even correct to lower trendline. Lets hope, that Korean exchanges keep pumping BCH to Neptunus :)
Komen: Whean getting nearer to lower trendline we start to see some action again. IMO this mess with BTC&SegWit, will make BCH to look good.

$700 won't be enough. Keep your eyes at $800.
Komen: Touched upper trendline =)!
Komen: And we reach our $1200 goal! I find it risky to keep going even that bch is better then btc tech-wise. Couple reasons why to sell bch: this growth is not healthy enough to keep going like this and Coinbase is still holding their customers bch, so when they set those free the price of bch will surge to oblivion.
Great TA! Would like an update on how far the dip would be? Will it hit around 550 and bounce back?
Balas
Because of your TA and the post that was shared in the comments I switched 33% of my portofolio to BCH :)
+2 Balas
Em4rk SheriU
@SheriU, good article!
+1 Balas
SheriU Em4rk
@Em4rk, i hope it all goes well :)
+1 Balas
@SheriU, we seem to be reading, thinking and believing in the same thing. I hope we're right.
+1 Balas
@SheriU, That might be the best article I have read on this so far.
+1 Balas
CrytoGio SheriU
@SheriU nice! sharing...
+1 Balas
@SheriU, Thank you SheriU, because of this aritcle I have made massive gains in the last 24hours. Cheers!
+1 Balas
SheriU PaasCrypto
@PaasCrypto, I see BCH as the new corn, I will be dedicating my resources to increasing my stack over time :)
+1 Balas
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