The correction phase is over. It is confirmed by %R, reaching the bottom of the price range and converging support/resistance lines. It might be flat for a while, but the growth to the level of $800 or higher is almost certain. Not setting any targets, for the asset is quite promising and it implies going long.
www.tradingview.com two large pool started today mine BCH, it follows that now they will transfer funds from BTC to BCH drive the price up and make a monopoly on the coin, BCH mine harder three times than BTC it eliminates the possibility of mining small miners... ie to own the coin will narrow the circle of people and in their interest to make it expensive......
Once BCH is consolidated we may see a retest of the previous high. If this breaks then we could reach new highs of $1400. If the price fails to break resistance we'll see a retrace to $600.
Hello guys, If you missed the initial hype you have a opportunity to go LONG on BCC. -As you can see, the price has break the up- trending line. Now we can expect a correction to the purple rectangles. (.50 and .61 Fibonacci). After this we can expect the price to go up to taste the "all time highs" again. SO, looking at the chart. I will entry half of my...
Possible: Retracement at .236 and rapid climb. Be careful with stop limits - I had one unfortunately trip prior to zoom up. Will open up my factor.