There are very few coincidences in math and in life. The fib extension lines on BCH as well as BTC, ETH and LTC have all been target magnets during this move up. Right now BCH is eyeballing a 50% move up to test the clif of resistance that it fell off of prior to B-Cash camp feud that triggered the capitulation move down for the entire crypto market. These price levels are around $580 -$630 range. If this target is hit I do expect a lengthy and healthy correction down to the .618 - .786 fib area. If this current move up stalls and falls from the sky... expect the price revisits the $160 range.
I will not be entering into a trade until price gets above $453 and using about a 5% stop loss
I will not be entering into a trade until price gets above $453 and using about a 5% stop loss
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SHARE - LIKE - SUBSCRIBE - FOLLOW
For real time content and trade calls, follow me on
YouTube Channel soon to come
For real time content and trade calls, follow me on
YouTube Channel soon to come
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.