raficrypto

BCH Leg Up after BTC Leg Up

Long
BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
I have seen BTC Forks are eerily similar to BTC pattern. However, the most interesting part of the underlying opportunity is the price difference that leaves a greater percentage of profit.

I think the consolidation phase is needed to gain bullish momentum, for the market to agree on a reasonable price for the token.

On My prediction, My assumption was BTC is going to be rejected first on the 60k and if so, there'll be another bearish wave to the 50k, afterwards the real bullish rally from the double bottom should occur.

If anything, these assumptions can help me accumulate properly and hold properly based on my prediction.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.