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BCHUSDT has been printing an ascending channel since March. Price Is testing the ascending channel support. We could see a bounce off the channel support ⬆️ or a breakdown below the channel support ⬇️. Possible price actions indicated on the chart.
BCHUSDT is printing an ascending channel on the Daily timeframe. Price got rejected off the channel resistance as is currently at the mid channel region. Breakdown below the ascending trendline support could lead to a retest of the ascending channel support.
BCHUSDT is printing a descending triangle pattern on the 1H timeframe. Breakout is imminent.
Huge Profit Roadmap 🗺 Price is Currently testing a key level at $300 once we see bullish pressure break above this level, then we can start looking for opportunities on the lower timeframes for entries based on the rules of our Strategy.
SPOT BUY RECOMMENDATION Take profit: 275-290-350 Entrance: 264-270
BCHUSDT - Long - Potential - 19.15% Enter- 283.25 TP1- 293.22 TP2- 309.64 TP3- 324.30 TP4- 337.49 SL- 256.57 Happy Trading! Like & Follow if you agree!
BCHUSDT - Long - Potential - 16.78% Enter- 279.28 TP1- 293.38 TP2- 309.34 TP3- 325.38 SL- 256.41 Happy Trading! Let us know what you think, give us a like and a follow if you like the idea!
Nice little 5% leveraged trade. Closed out this morning back on the short for now lets see where the bottom is this time
Worst case for bch in both sides continues to disagree up to the hard fork and BSV ends up with the bigger hash power.
Some profit taking here. Still not clear of bch will split or not so volatility probably remain high.
Disclaimer: I would just like to make clear that I am agnostic to the war that has unraveled between the two coins and that I will strive to remain unbiased in my analysis. Fundamentals: Bitcoin Cash 3.17% has had an interesting announcement just recently by Roger Ver himself (check out his twitter): Visa debit cards. The aim is to make the currency utilitarian...