Hey this is an update to my last post.
We have seen BCH continue the trend line, The original triangle was broken however as BTC was raging for 20k this has delayed the next phase.
The good news is that BCH should have broken down in the original trend and i was fearful of this and had my finger on the sell button.
However BCH continued against the pressure that BTC was exerting and remained somewhat on channel.
This is a good sign that it does not want to loose ground and that some good action is overdue as soon as BTC backs off the pedal.
I do expect a run to 2800 in near future then a pull back
then a run to the 4k landscape.
This is just my prediction and my plan,
Good luck
We have seen BCH continue the trend line, The original triangle was broken however as BTC was raging for 20k this has delayed the next phase.
The good news is that BCH should have broken down in the original trend and i was fearful of this and had my finger on the sell button.
However BCH continued against the pressure that BTC was exerting and remained somewhat on channel.
This is a good sign that it does not want to loose ground and that some good action is overdue as soon as BTC backs off the pedal.
I do expect a run to 2800 in near future then a pull back
then a run to the 4k landscape.
This is just my prediction and my plan,
Good luck
