All BCH/BCC (Bitcoin Cash) Channels are headed UP
All of the many channels are all upwards.
The Buy Zone to get into BCH at bottom channel prices is steadily rising above the 50 EMA (50 day moving average) and bouncing off of and testing bottom support of the still upward curled 10 DMA.
MACD/RSI is breaking up with lots of room to move. All signs are UP from what I see for whenever the volumes move back into normal gear, which will more than likely pump the price action more in the general upward trend.
Slow as it may have been these last few days of the correction with light holiday volumes have been leaving the door open for those wanting to get more into Bitcoin Cash (AKA: BCH, BCC or BCash).
All recent tests I have been doing and getting info on show thus far it cost Bitcoin Cash between 1/50th and 1/200th the cost of sending BTC (Bitcoin Core). Check it for yourself. My thoughts are that basic economics on a crypto "currency" to succeed is that it must beat out the competition in cost, speed, reliability and security. Bitcoin Cash is currently blowing BTC away on cost, yet still is 1/5th the value. Looks like lot's of upside there to me. Of course, "this is not financial advice". I'm just sharing my thoughts and ideas.
Wishing you all Happy Holidays and
All the very best wishes of luck in your trading ;)
The Buy Zone to get into BCH at bottom channel prices is steadily rising above the 50 EMA (50 day moving average) and bouncing off of and testing bottom support of the still upward curled 10 DMA.
MACD/RSI is breaking up with lots of room to move. All signs are UP from what I see for whenever the volumes move back into normal gear, which will more than likely pump the price action more in the general upward trend.
Slow as it may have been these last few days of the correction with light holiday volumes have been leaving the door open for those wanting to get more into Bitcoin Cash (AKA: BCH, BCC or BCash).
All recent tests I have been doing and getting info on show thus far it cost Bitcoin Cash between 1/50th and 1/200th the cost of sending BTC (Bitcoin Core). Check it for yourself. My thoughts are that basic economics on a crypto "currency" to succeed is that it must beat out the competition in cost, speed, reliability and security. Bitcoin Cash is currently blowing BTC away on cost, yet still is 1/5th the value. Looks like lot's of upside there to me. Of course, "this is not financial advice". I'm just sharing my thoughts and ideas.
Wishing you all Happy Holidays and
All the very best wishes of luck in your trading ;)