Real_CryptoRoy

BCH breaking all resistance

BINANCE:BCHUSDT   Bitcoin Cash / TetherUS
Hi guys, let's review the current situation on Bitcoin Cash.

Bitcoin Cash continue to crash all resistance levels and aspire to the moon.
BCH broke very important level at around 150. BCH price was accumalating under that level for almost a year and now price squeezed to the moon. Now it's important for BCH price to remain above 170 and higher. As I indicated in my last post about BCH, if price break 150 resistance level than next likely stop is 200. So far price tapped 220 and now went at about 200. If this impulse continues than I expect price to reach 260-280 price which will be next big resistance.
Also, take note on the volume. This week there is extremely high volume on BCH weekly chart which can indicate on potential reversal at least up to 170-160 level. But for those who want to short BCH need to be extra careful because price can easily go to 270 resistance level.

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Many thanks.
Comment:
BCH price continue its rise. But this week its growth a bit slowed down. I hope that it manages to reach resistance at 260 and from there I expect some correction at least up to 200. Let's see how it goes.

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