BCHABC/USDT - Bitcoin Cash Trending Up

Hello Tradies!

There's so many people focused on BTC it's getting a bit boring.

As promised to Purple Crypto members, here is my analysis for BCHABC/USDT (or Bitcoin Cash). It is showing positive signs of an uptrend on multiple charts. On this 12H chart:

- rising Stoch RSI
- rising TRIX
- rising MacD
- some selling activity and
- a steep rise in the stoch RSI on the 1D chart - it has yet to hit the peak.

I shared my initial private analysis with Purple Crypto Premium members 2 days ago - great prep for a buy. This one was drawn up at that time for the purposes of Wave 1. Note that it will overshoot the top trend line if it continues upwards.

I believe that we have just completed Wave 1 of this round. The good news is if this is Wave 1, it doesn't look like an extended wave...so we know what's coming. :)

FYB (benefit), I've marked out on the chart where I believe we are in comparison to a similar previous rise.

Signals were provided on Purple Crypto Premium which generated a 7% profit on the first rise in under 12 hours...with more to come!!

Diversify, diversify, diversify....

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(I don't see anyone talking about BCH right now so let's see who copies my chart/idea - I'll be adding a link to this chart to every single "Top" copycat's chart...lol).

Cheerio!

Comment:

Round 2.

Trade closed manually:

Trade closed with sell signal on Sept 19 on Purple Crypto Premium.

10% profit on this trade.